E4SE; Formula Of Business Success

Small and Medium Enterprises (SMEs) are playing a major role in any country's economy, but many of SMEs are failing every day. SMEs have about 80% risk of failure! Our innovation is a tool, especially designed for SME characteristics. This innovation helps entrepreneurs, SMEs, SME advisors and...

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Main Author: Sorooshian, Shahryar
Format: Conference or Workshop Item
Language:English
Published: 2017
Subjects:
Online Access:http://umpir.ump.edu.my/id/eprint/19555/
http://umpir.ump.edu.my/id/eprint/19555/1/ISEBA2017%20Poster%20-%20E4SE%20Formula%20of%20business%20success.pdf
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author Sorooshian, Shahryar
author_facet Sorooshian, Shahryar
author_sort Sorooshian, Shahryar
building UMP Institutional Repository
collection Online Access
description Small and Medium Enterprises (SMEs) are playing a major role in any country's economy, but many of SMEs are failing every day. SMEs have about 80% risk of failure! Our innovation is a tool, especially designed for SME characteristics. This innovation helps entrepreneurs, SMEs, SME advisors and auditors to predict, measure, and manage the SME performance based on strategic elements. Our innovation, E4SE formula, has ability to use both financial and non-financial factors. The E4SE is among very few available models in the SME context. It is granted by Malaysia ministry of higher education, and copyrighted by University Malaysia Pahang. It has been tested for validity, reliability, and application feasibility in two different countries. The product proved to be considerably useful to control and minimize the failure rate in SMEs and strengthen the country economy. E4SE’s potential market group includes business owners and SME supporting Institutes/organizations.
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format Conference or Workshop Item
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institution Universiti Malaysia Pahang
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language English
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publishDate 2017
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spelling ump-195552019-04-05T02:58:26Z http://umpir.ump.edu.my/id/eprint/19555/ E4SE; Formula Of Business Success Sorooshian, Shahryar HD Industries. Land use. Labor Small and Medium Enterprises (SMEs) are playing a major role in any country's economy, but many of SMEs are failing every day. SMEs have about 80% risk of failure! Our innovation is a tool, especially designed for SME characteristics. This innovation helps entrepreneurs, SMEs, SME advisors and auditors to predict, measure, and manage the SME performance based on strategic elements. Our innovation, E4SE formula, has ability to use both financial and non-financial factors. The E4SE is among very few available models in the SME context. It is granted by Malaysia ministry of higher education, and copyrighted by University Malaysia Pahang. It has been tested for validity, reliability, and application feasibility in two different countries. The product proved to be considerably useful to control and minimize the failure rate in SMEs and strengthen the country economy. E4SE’s potential market group includes business owners and SME supporting Institutes/organizations. 2017 Conference or Workshop Item PeerReviewed pdf en http://umpir.ump.edu.my/id/eprint/19555/1/ISEBA2017%20Poster%20-%20E4SE%20Formula%20of%20business%20success.pdf Sorooshian, Shahryar (2017) E4SE; Formula Of Business Success. In: International Symposium & Exhibition on Business and Accounting 2017 (ISEBA 2017) , 1 March 2017 , Muadzam, Pahang. . (Published)
spellingShingle HD Industries. Land use. Labor
Sorooshian, Shahryar
E4SE; Formula Of Business Success
title E4SE; Formula Of Business Success
title_full E4SE; Formula Of Business Success
title_fullStr E4SE; Formula Of Business Success
title_full_unstemmed E4SE; Formula Of Business Success
title_short E4SE; Formula Of Business Success
title_sort e4se; formula of business success
topic HD Industries. Land use. Labor
url http://umpir.ump.edu.my/id/eprint/19555/
http://umpir.ump.edu.my/id/eprint/19555/1/ISEBA2017%20Poster%20-%20E4SE%20Formula%20of%20business%20success.pdf