Factors influencing growth of youth owned small businesses in Kuria east sub-county.

Abstract

This study sought to investigate factors influencing growth of youth owned small businesses. Its background is built from global, regional, national and sub-county perspective focusing on factors influencing growth of youth owned small businesses. This study was guided by the following objectives: to evaluate how entrepreneurial skills influence growth of youth owned small businesses, to investigate the influence of access to finances on growth of youth owned small businesses, to examine the extent to which access to information influences growth of youth owned small businesses and to establish how security influences growth of youth owned small businesses. This study sought to provide answers to the following research questions: how does entrepreneurial skills influence the growth of youth owned small businesses, to what extent does access to finance influences growth of youth owned small businesses, to what extent does access to information influences growth of youth owned small businesses and to what extent does security influences growth of youth owned small businesses in Kuria East Sub-County. This study will be significant to the youths in small business spheres, who diligently work around the clock to ensure that their economic status improve. In addition, this study will be significant to the government since is the main source of the Youth Development Funds that run youth businesses and other partners by acquiring information of the best business management practices that enhance business growth for an improved economy. Besides, this study adopted descriptive research design with a target population of 768 and a sample size of 77 youths. This study was also based on assumption that the questionnaire which was a data collection instrument will be valid and reliable in taking the desired reactions. Finally, the data analysis technique was descriptive statistics.