The Women Entrepreneurs Failure Factors in the Case of Gojjam Zones

Abstract

This study was designed to assess the Women Entrepreneurs Failure Factors in the Case of Gojjam Zones. In particular the study investigated how Individual reason, Competition, General environment and corporate policy affect women entrepreneurs in small businesses. Therefore to understand and analyze business failure factors a case of Women Entrepreneurs in the case of Gojjam Zones, the researchers have adopted a quantitative research approach. The researcher collects data through questioner. Information from the participants was analyzed by using statistical package for social sciences.  For this study the target populations are business companies operating in Gojjam Zones for the last five years (from 2006-2010 as of Ethiopian Calendar). Do you to data unavailability we failed to know exactly the number of women owned/managed business in the two zones/West Gojjam & East Gojjam/, the Sample Size of this study is determined using Infinite Population (where the population is greater than 50,000) sample size determination formula of Godden, (2004). Based on the formula A sample of 384 women entrepreneurs was chosen for the study. Both tables and frequency distributions were utilized to draw valid conclusions. From the study that individual characteristics/Motivations, managerial skills, knowledge & experience, and fear of failure/ of a woman were statistically significant at 5% level of significance. And hence immediate environment factors are significant at 5% level of significance and thus these variables have an effect on women entrepreneurs’ business failure. But availability of infrastructure and government incentives were found to be statistically insignificant.  Finally depicts existence of marketing strategy, financing strategy incentives to motivate employees, and cooperation among partners are statically significant at 5% level of significance thus they have an effect on business failure. However, withdrawal of a partner is not a significant variable.

Keywords: Ethiopian, Entrepreneurs, failure factors, Women, business

DOI: 10.7176/JPID/55-04

Publication date:August 31^st 2020