A Study on Factor Affecting Textile Entrepreneurship - A Special Emphasis on Tirupur District

P Anbuoli¹

¹Assistant Professor, Department of Business Administration, Mannar Thirumalai Naicker College, India

Abstract

Entrepreneurial success depends on various factors associated with the business, the entrepreneurs' wishes to start. Entrepreneurs need some sort of inspirations to succeed in their business ventures. Being a versatile industry, textile attracts many entrepreneurs both urban and rural peoples and requires minimal investment to start. Textile entrepreneurs have to face several challenges and prospects associated with their business. This study has been commenced with the objectives to check demographic profile, factors affecting textile entrepreneurs, encouragement of external factors and personal reason behind to become textile business entrepreneurs. This study has been carried out with 100 textile entrepreneurs; the sample has been selected by using simple random sampling. This study is also carried out with non-disguised and structured questionnaire; which consists of four parts with seeking information on demographic profile, factors affecting textile entrepreneurs, external encouraging factors and personal reason to become textile entrepreneurs. This study uses percentage analysis, factor analysis, Garrett score ranking, and t-test to analyse the data collected. It was concluded that textile entrepreneurs have been encouraged by various factors and moreover several factors significantly affect their business.

Keywords

• Entrepreneur, Textile Business, Textile Entrepreneurship, External Encouragement, Personal Reasons

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Cite this Article as Follows

P Anbuoli. A Study on Factor Affecting Textile Entrepreneurship - A Special Emphasis on Tirupur District. International Conference on Business, Finance and Economics (2019): 05. Print.