BUSINESS START-UPS 1
Business Start-Ups
Olen C. Appleton
Master of Business Administration in Finance of Liberty University
BUSI 600: Business Research Methods
Dr. Michael Walker
Author Note
Olen Appleton
I have no known conflict of interest to disclose.
Correspondence concerning this article should be addressed to Olen Appleton
Email: oappleton@liberty.edu
BUSINESS START-UPS 2
Business Start-Ups
Topic Of Interest
Every business started somewhere, and every small business wants to become the next
large business. This research will take a look into the issues that occur during business start-ups.
Taking a look into the business start-ups and the issues that occur will give entrepreneurs and
business managers the foresight to understand challenges they may face before they arise. This
research will also help to see how businesses handle those issues and overcome the issues on
their way to success. This study will highlight the types of issues that are the most difficult to
overcome while it also points out the more common and more easily solvable ones along the
way.
BUSINESS START-UPS 3
References
Cassar, G. (2004). The financing of business start-ups. Journal of Business Venturing, 19(2),
261–283. https://doi.org/10.1016/s0883-9026(03)00029-6
Businesses are primarily considered successful and unsuccessful after being measured by
the amount of money that they spend and earn. Start-ups are similar and the issues that plague
start-ups often have their roots in this equation. The issues that face small businesses and their
financing can be covered in depth through this journal entry. The article investigates the capital
structure and types of financing used around business start-ups utilizing a survey that reduces the
confounding effects of survivorship bias. In particular, the influence of start-up size, asset
structure, organization type, growth orientation, and owners' characteristics are examined both in
the choice and in the magnitude of finance use. In addition to those factors about business
finances near the time of creation, this article also provides some recommendations for future
research to further expound on the results.
Heilman, D. (2011) "Small business, big issues: How much legal counsel does your startup
need?" Finance and Commerce 16 Nov. 2011. Business Insights: Global. Web. 30 May
2021.
There are many things that many small-business owners overthink when beginning their
businesses. Many start-up companies consider the potential that their companies have to gain
interest in their product or service and make the profit from that interest. This article focuses on
the issues regarding legality and other issues that arise from owning a business. Some industries
are more heavily regulated than others, and experienced attorneys bring a wealth of legal, tax and
BUSINESS START-UPS 4
general business information to navigate the obstacles that businesses face that they never
consider. Since there are many legal issues that small business can face, this article will give a
look into those types of issues and what type of legal support would be necessary for many small
business start-ups.
Lee, R., & Jones, O. (2008). Networks, Communication and Learning during Business Start-up.
International Small Business Journal: Researching Entrepreneurship, 26(5), 559–594.
https://doi.org/10.1177/0266242608094030
Communications and marketing are important in all businesses. This article talks about
the social capital created via face-to-face and electronic communication. The study about their
communication abilities is discussed through the lens of the education and training that these
business managers and entrepreneurs had. Social capital was easier for certain groups to create
while it was harder for others and that affected their ability to learn and obtain broader business
backing. The lacking areas of being able to build social capital causes issues and those will be
discussed by digging into this article as a reference for this research project.
Mazzarol, T., Volery, T., Doss, N., & Thein, V. (1999). Factors influencing small business start‐
ups. International Journal of Entrepreneurial Behavior & Research, 5(2), 48–63.
https://doi.org/10.1108/13552559910274499
This journal article will be useful in the research because it sheds light on the process
leading new enterprise formation and identifies the impact of some selected demographic
variables on business start-ups. This research gives several key examples of what business start-
ups face. It gives a broad range of subjects to follow and evaluate because it is an empirical
BUSINESS START-UPS 5
analysis of 93 entrepreneurs in start-ups. This article identifies three demographic variables as
having potential negative influences on small business formation. The three demographic
variables that were the one most identified were gender, previous government employment and
recent redundancy.
Perren, L. (1998). Owner‐manager relationships preceding and during start‐up: issues of help,
harm, trust and morality. Journal of Small Business and Enterprise Development, 5(2),
130–140. https://doi.org/10.1108/eum0000000006761
Different sources of data and information are important to give a well-rounded viewpoint
of the issues with start-ups. This article provides some first-hand biographical accounts and
semi-structured interviews to figure out which types of people are helped and harmed by the
relationships that are gained prior to and during the start-up process. This information tries to
find the causality in those relationships that helped and harm businesses and individuals. Trust
between the owner-managers and other individuals is found to be at the core of the chains of
causality. Those relationships cause many of the successes and contribute to many of the
failures. Managerial and policy implications are covered and this article can be used to shed
light into the biblical integration into start-ups and leadership in general.
Schindler. (2021). Business Research Methods (13th edition). Mc Graw Hill Education (Uk).
The textbook provides many opportunities for the basic knowledge that helps fill ideas
and concepts that we have covered. The textbook is what the course is built on and it will help to
fill holes even in the business research into these small business start-ups. It will help develop
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the outline and also expound on some of the topics covered through the exploration of issues
with start-ups.
Slávik, T., Hagarová, R., Ljudvigová, I., & Zagoršek, B. (2019). Business model and team as
preconditions of a start-up viability. Entrepreneurship and Sustainability Issues, 6(3),
1404–1427. https://doi.org/10.9770/jesi.2019.6.3(25)
This recent study will help to figure out why most of the small business start-ups fail.
This reference is a study of whether or not the business model and start-up team like two basic
assumptions are really some reasons of the viability and later potential start-up success. The
result of the research is a knowledge on the structure and functionality of the start-up business
model and start-up team. Structure of the relationships between performance of start-up and its
business model and team should confirm its capability to survive and thrive. Sometimes the
issue that faces a start-up is the people that are running it. How does this affect the start-up?
This topic looks into how the people affect the business and how people can adapt to get out of
the way and not be an issue, but a help.
Smalibone, D. (1990). Success and Failure in New Business Start-Ups. International Small
Business Journal: Researching Entrepreneurship, 8(2), 34–47.
https://doi.org/10.1177/026624269000800203
This journal is helpful for this research because it describes the characteristics of
surviving businesses that have went through small business start-up issues in England. This
entry is written by a senior lecturer in the school of geography and planning at Middlesex
Polytechnic University. The study was done to contribute to knowledge of the characteristics
BUSINESS START-UPS 7
and problems of new firms. This paper was originally written to help a unique British
organization provide free and low-cost advice and support to young firms. Not only does it
discuss what the companies have done to survive, but it also discusses those issues and
businesses that have failed and compares the problems they faced in the initial trading period.
This information adds to the study and also helps outline findings for improving the quality of
new business start-ups.
Van Gelderen, M., Frese, M., & Thurik, R. (2000). Strategies, Uncertainty and Performance of
Small Business Startups. Small Business Economics, 15(3), 165-181. Retrieved May 31,
2021, from http://www.jstor.org/stable/40229105
Figuring out how the companies get after the issues is at the base of this research. This
longitudinal data set looks into the personal strategies and are operationalized by a behaviorial
measure of the manners in which small business founders deal with situations. The results
suggest a dynamic process between strategy and performance. Some of the high points from this
study is that the most unsuccessful business start-ups are run with leaders that use a reactive or
knee-jerk type of leadership strategy. The more successful and better performing business
owners start out focusing on the most crucial issues and a complete plan approach. The
successful strategies are more proactive and less reactive and the variables and the other controls
for this study will also be discussed to show how this data is relevant to this study.
Watson, K., Hogarth‐Scott, S., & Wilson, N. (1998). Small business start‐ups: success factors
and support implications. International Journal of Entrepreneurial Behavior & Research,
4(3), 217–238. https://doi.org/10.1108/13552559810235510
BUSINESS START-UPS 8
The other papers have focused on the businesses and issues that happened to start-ups
during the initial phase of trading and this one takes the issues back even further to trace routes
to be successful starting sooner in the business foundations. Factors that are covered in this
journal entry include the founders’ personal background and experience; reasons put forward for
start-up; early problems encountered in running a business; business objectives and expectations.
Understanding who the people are that start these businesses, helps to identify the problems and
issues that can arise early on in the business start-up process. One thing that this study covers is
that it covers 166 small businesses that were set up during recessions and had experienced of
period of unemployment prior to start-up. This gives the research paper a unique standpoint of
comparison for study and supplemental information for the research.
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