search query: @indexterm FINANCIAL PLANNING / total: 277
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Author: | Osborne, R. L. |
Title: | Why entrepreneurs fail: How to avoid the traps. |
Journal: | Management Decision
1993 : VOL. 31:1, p. 18-21 |
Index terms: | BUSINESS FAILURES SMALL BUSINESS FINANCIAL PLANNING |
Language: | eng |
Abstract: | Would-be entrepreneurs who start or acquire businesses, driven by the popular belief that executive competence can conquer all, are likely to be disappointed. Executive competence is often subordinate to the concept and capital utilization characteristics of the business in determining organizational outcomes. The author proposes five guidelines for starting or acquiring a business which, if observed, will increase the chances of entrepreneurial success and corresponding wealth accumulation. |
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