Revista Internacional de Emprendimiento

1939-4675

Abstracto

Factors Affecting the Success of Entrepreneurs in the Sustainable Administration of Small and Medium Construction Businesses

Chananin Sajjachayaphan

The construction industry is encountering the uncertainty of an increasingly complex and competitive operating environment in the globalization era, especially small and medium-sized construction companies. A business that can survive requires effective management. The objective of this research was to study the factors affecting the success of entrepreneurs in sustainable management of small and medium-sized construction businesses. The data was collected from small and medium-sized construction business operators in Thailand. The analysis was made using multi-step statistics. The results revealed that the factors affecting the success of entrepreneurs in the sustainable management of small and medium-sized construction businesses consisted of 5 factors; management, finance and accounting, labor, economic, and sufficiency economy philosophy. This study presents the business management that must have all 5 factors to be applied altogether in developing the potential and increasing the efficiency of small and medium-sized construction businesses to overcome the volatile economic situation sustainably.

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