Business Financing Factors Influencing Entrepreneurs’ Decisions to Prepare a Business Plan
Advances in Business Research
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Title |
Business Financing Factors Influencing Entrepreneurs’ Decisions to Prepare a Business Plan
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Creator |
Dearman, David; University of Arkansas at Little Rock
Bell, Joseph; University of Arkansas at Little Rock |
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Subject |
Business; Entrepreneurship; Finance;
Business Plan; Financing; Entrepreneur; |
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Description |
This paper investigates factors that influence entrepreneurs’ decisions to prepare business plans. Data is obtained from a survey administered to clients of the Arkansas Small Business and Technology Development Center and designed to address various aspects of financing options, including availability/use of outside debt or equity funds and owner attitudes toward various funding options. Factors identified as influencing the decision to prepare a formal business plan in support of financing efforts include greater amount of required start-up costs, proportion of start-up costs raised from outside sources, and self-assessment of financial knowledge.
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Publisher |
Tarleton State University and the University of Arkansas - Fort Smith
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Contributor |
—
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Date |
2011-12-31
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Articles Survey/Interview; |
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Format |
application/pdf
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Identifier |
http://journals.sfu.ca/abr/index.php/abr/article/view/63
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Source |
Advances in Business Research; Vol 2, No 1 (2011); 194-202
2641-5208 2153-6511 |
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Language |
eng
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Relation |
http://journals.sfu.ca/abr/index.php/abr/article/view/63/45
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Rights |
Authors who publish with this journal agree to the following terms:Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).
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