The influence of external problems on micro and small entrepreneurs in India
Dr. P Manivannan, R Elayaraja, Dr. A Gokulakrishnan
The challenges facing by micro and small entrepreneurs in India are varied and numerous; poor financial support, inadequate economic infrastructure, and lack of policy integration, and lack business support. Given the small number of indigenous Indian small firms compared to firms from other parts of the world, education and training support for entrepreneurs of micro and small entrepreneurs will help establish a good foundation for firm growth. This paper analysed the micro and small entrepreneur’s problem in their day to day business activities. Social problem scale has been developed by the researcher. 376 micro and small entrepreneurs are considered as a sample size for the study. Descriptive statistics, Friedman’s multiple comparison test and multiple regression analysis are used to describe the sample. It is found that Social problem significantly negatively influence the entrepreneurs business. It is found that Frequent incident of violence negatively impact on their business.