Entrepreneurial Characteristics and Business Performance of selected Small and Medium Enterprises in Kwara State
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Date
2023-09-09
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Publisher
Nigerian Journal of Rural Finance and Entrepreneurship (NJRFE), Ahmadu Bello University, Zaria
Abstract
The study investigated and evaluated effects of entrepreneurial characteristics on business performance case study of selected small scale business in Offa local government. The study sought to find out how entrepreneurial characteristics could affect the performance of small startup business of selected entrepreneurial firms in Offa local government. In addition, it identified certain factors which contribute to entrepreneurial characteristics among selected performance of small startup business, Kwara. A total of 109 questionnaires was distributed and 102 was returned back to the researcher, the study made use of survey method, hypothesis was tested to guide the study and the responses of this research were numerically quantified, tabulated and analyzed using regression analysis via SPSS application package. The results of this study revealed that Risk taking and Innovativeness are the major factor that affects the Sustainability and Survival of selected startup business in Ilorin East local government. Also the study recommends that selected entrepreneurial firms should take the issue of entrepreneurial characteristics serious as this will have a significant effect on the Sustainability and Survival of small startup business in Offa local government.