• ISSN: 2010-023X
    • Frequency: Bimonthly
    • DOI: 10.18178/IJTEF
    • Editor-in-Chief: Prof.Tung-Zong (Donald) Chang
    • Executive Editor: Ms. Cherry L. Chen
    • Abstracting/ Indexing: Engineering & Technology Digital Library, ProQuest, Crossref, Electronic Journals Library, DOAJ , EBSCO, and Ulrich's Periodicals Directory
    • E-mail: ijtef@ejournal.net
IJTEF 2012 Vol.3(3): 167-169 ISSN: 2010-023X
DOI: 10.7763/IJTEF.2012.V3.193

What does it Take to Succeed in Small Business in Pakistan? the Lessons for Emerging Entrepreneurs

Manzoor Ali Mirani and Syed Mir Muhammad Shah
Abstract—A lot has been written and researched worldwide to find out the characteristics of successful entrepreneurs and also reasons of success. Considering the general awareness about entrepreneurship and starting the new businesses, this study explores the reasons of successful business in Sukkur, Pakistan. The semi-structured interviews conducted from the businessmen running their business for the last three years revealed that the factors responsible for doing successful business in Sukkur were the motivation for business, good relations with suppliers in retail trade and with customers in services, consistency in business to overcome seasonal effects and understanding the environment for business very well to respond with suitable strategies.

Index Terms—Small business, success factors, sukkur, pakistan.

M. A. Mirani and S. M. M. Shah are with the Department of Business Administration Sukkur Institute of Business Administration Sukkur, Sind, Pakistan.(e-mail: manzoor@iba-suk.edu.pk; syedmir@iba-suk.edu.pk).

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Cite:Manzoor Ali Mirani and Syed Mir Muhammad Shah, "What does it Take to Succeed in Small Business in Pakistan? the Lessons for Emerging Entrepreneurs," International Journal of Trade, Economics and Finance vol.3, no.3, pp. 67-169, 2012.

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