| Autor: |
Geho, Patrick R., Frakes, Jamie |
| Zdroj: |
Allied Academies International Conference: Proceedings of the Academy of Entrepreneurship (AE); Oct2012, Vol. 18 Issue 2, p11-11, 1p |
| Abstrakt: |
The start of what is now termed the "Great Recession" began in December 2007 and statistically ended in June 2009, yet small businesses continue to struggle financially in 2012. Entrepreneurial activities for the most part are dependent upon the availability of financing. Access to capital remains a serious problem for entrepreneurs in this sluggish economy. Even when credit is available to qualified small businesses many avoid pursuing financing. This could be contrary to the wellbeing of the enterprise. In this regard the entrepreneur's stress and strain psyche can take a backseat to common sense. The purpose of this research paper is to provide entrepreneurship students with an understanding of the impact economic contractions have on businesses and how they cope and survive. Do small businesses by and large have access to capital? If capital is available for small business lending are entrepreneurs taking advantage of the opportunity to borrow? What steps have been taken by federal and state governments to make it conducive for small business to borrow? Does increasing the availability of financing for small businesses create a sufficient inducement for small businesses to borrow to grow their business during uncertain economic times? Is bootstrapping an option. [ABSTRACT FROM AUTHOR] |
| Databáze: |
Complementary Index |
| Externí odkaz: |
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