Barriers of Failure of Small Business in Jaffna District: Conceptual Analysis

Abstract

This research investigates reasons for failure of small business in Jaffna district. There is a lack of literature on the ecological sustainability issues specific to small and medium businesses operating in Sri Lanka. Although there are some isolated studies on attitudes to sustainability in Sri Lanka SMEs, they do not provide a comprehensive understanding of the actual sustainability environmental practices in regional businesses. To fill this gap, the proposed paper aims to contribute to narrow this knowledge gap through identifying the barriers towards sustainability that can be taken up by regional SMEs to promote a transition path towards a more sustainable business model which can be applied to Sri Lanka.

Keywords: Small business, Barriers and Sustainability