African Journal of
Business Management

  • Abbreviation: Afr. J. Bus. Manage.
  • Language: English
  • ISSN: 1993-8233
  • DOI: 10.5897/AJBM
  • Start Year: 2007
  • Published Articles: 4190

Full Length Research Paper

Evaluation of the entrepreneurial success factors of small, micro and medium farming enterprises (SMMEs) in the peri-urban poor communities of George municipality, Western Cape Province, RSA

V. M. Mmbengwa1*, J. A. Groenewald2 and H. D. van Schalkwyk2
1Agricultural Research Council (ARC-VOPI), Pretoria, Republic of South Africa and North-West University (NWU), Potchefstroom Campus, Potchefstroom, Republic of South Africa. 2North-West University (NWU), Potchefstroom Campus, Potchefstroom, Republic of South Africa.
Email: [email protected]

  •  Accepted: 16 April 2013
  •  Published: 07 July 2013

Abstract

The aim of the study was to determine the entrepreneurship capacity of farming enterprises focussed small business in poor communities of George Municipality. The study was conducted in four (n=4) townships around George metropolitan areas. Only 10% the sample population was considered during quantitative data collection processes. The quantitative data collected was randomly selected whilst the qualitative data collection were collected from focus sessions. The population was sampled in a way that provides the required precision, representativeness, reliability and repeatability. To achieve these, both qualitative and quantitative methodologies were employed with former being important during the interpretation of the results and the later being important in quantifying the variables outcomes. The descriptive, factorial and inferential data analyses were performed. In all three analyses conducted, it appears that innovation and risk taking were the most crucial key success factors in these types of businesses. The study recommends that for these enterprises to be viable, the capacity building programs aimed at consolidating and developing  entrepreneurial capacity should consider innovation, risk taking, financial and infrastructural capacities as their first priority in establishing their enterprises. Therefore, it is important that incubating organizations provide priority support services for those key success factors found to be crucial in order to ensure the required sustainability.

 

Key words: Entrepreneurship, analyses, capacity, businesses, priority, crucial.