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Factors Contributing to the Success of Ethnic Restaurant Businesses in Canada

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DOI: 10.4236/ojbm.2019.74110    67 Downloads   164 Views

ABSTRACT

Due to the small size of their businesses, small business owners often face a high failure rate. Within the first 7 years since opening, more than half of small businesses seek to close its operation. The author of this qualitative multi-case study examines the factors contributing to the success of small ethnic restaurants owners to remain operable beyond 7 years. The owners of three small ethnic restaurants that have been operating for more than 7 years in Metro Vancouver, British Columbia, Canada were selected for this study. The author interviewed the owners and conducted an examination of available physical artifacts including locations, premises, websites and social media pages. Five factors were identified: hard work, passion, family support, location and quality of food and services. Those factors determine the success of small business. The findings of this paper will help current and future small ethnic restaurant business owners to improve their business performance and survival rate.

Cite this paper

Le, P. and Needham, C. (2019) Factors Contributing to the Success of Ethnic Restaurant Businesses in Canada. Open Journal of Business and Management, 7, 1586-1609. doi: 10.4236/ojbm.2019.74110.

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