Abstract
Failure of small businesses many times is because of poor implementation of long-term financial strategies. Women small business owners face many challenges in financing their small businesses because they may not have a financial plan. Interviews with 11 women small business owners in Cleveland County, North Carolina were completed to discuss ways to fund and sustain their small business. The success of women small business owners can strengthen the local economy by stimulating economic growth, increase the quality of life for the owner and their family, and can improve the standard of living in their community.
JEL Codes
M13, L26, M21
Keywords
Financial, women, entrepreneurship, small business
Recommended Citation
Dyer, Melissa R.
(2021)
"Financial Strategies for Long-Term Success in Women-Owned Small Businesses,"
The Journal of Entrepreneurial Finance:
Vol. 23:
Iss.
1.
DOI: https://doi.org/10.57229/2373-1761.1393
Available at:
https://digitalcommons.pepperdine.edu/jef/vol23/iss1/1
Creative Commons License
This work is licensed under a Creative Commons Attribution-Noncommercial 4.0 License
Included in
Entrepreneurial and Small Business Operations Commons, Finance and Financial Management Commons