STATEMENT | SA 5 | A 4 | UD 3 | D 2 | SD 1 |
Family members are by choice part of the daily running and operations of the business | 13 4.4% | 88 29.5% | 20 6.7% | 115 38.6% | 62 20.8% |
Involvement of family members in decision making will ensure emergence of a well-equipped successor | 26 8.7% | 138 46.3% | 11 3.7% | 107 35.9% | 16 5.4% |
Entrepreneurial mentoring improves successors’ creativity/innovation for survival and growth of the business | 38 12.8% | 134 45% | 15 5% | 98 32.9% | 13 4.4% |
It is important that a successor has worked outside the organisation before joining the business | 61 20.4% | 145 48.7% | 11 3.7% | 59 19.8% | 22 7.4% |
Small businesses thrive when successors are trained on effective resource management | 71 23.8% | 93 31.2% | 8 2.7% | 105 35.2% | 21 7% |
Acquisition of relevant skills enhances successors’ operational ability to manage small business | 34 11.4% | 147 49.4% | 7 2.3% | 95 31.9% | 15 5% |