Perceived Entrepreneurial Sustainability and Financial Stability Among Fashion Designers in Abia State, Nigeria
Journal Title: International Journal of Home Economics, Hospitality and Allied Research - Year 2024, Vol 3, Issue 1
Abstract
This research explore factors influencing entrepreneurial sustainability and financial stability within the context of the fashion industry, with a focus on the perceptions of fashion designers in Abia State. Descriptive survey methods were employed to provide a comprehensive understanding of the subject matter. The total population for the study was 487, which comprises all registered fashion designers operating in Aba, hence the whole population was used for the study. The study was carried out in Aba which is one of the major fashion hubs in Abia State. Data was collected through structured questionnaire titled Questionnaire on Perceived Entrepreneurial Sustainability and Financial Stability among Fashion Designers (QPESFAFD). The data collected was analyzed using mean and standard deviation to answer the items on each objective. The findings revealed that there are perceived entrepreneurial sustainability strategies adopted by fashion designers, and perceptions influence the financial stability of fashion businesses. It also revealed that there are challenges and opportunities faced by fashion designers in sustaining their businesses and achieving financial stability. Based on the findings, recommendations were made that, there should be regular workshops and training sessions that will focus on financial management and planning specifically tailored for fashion designers and networking and collaboration platforms should facilitate knowledge sharing, resource pooling, and collaboration among fashion designers in Abia State.
Authors and Affiliations
Daniel Nwaozuru, Chiamaka A. Chukwuone, Rachael A. Wonah, & Mellah E. Uzoamaka
Keywords
Related Articles
- EP ID EP740906
- DOI 10.57012/ijhhr.v3n1.029
- Views 53
- Downloads 0
Factors Affecting the Benefits of Baobab Plant: A Case of Kazungula District of Zambia
There is very little information on the factors that influence the trade of baobab products and the basic market functioning factors predominantly hindering the smooth trade and commercialization of baobab products in th...
Chemical Composition and Acceptability of Organic Bath Soap among Students in Yaba College of Technology, Yaba, Lagos State, Nigeria
The study determined the chemical composition and acceptability of organic bath soap among students in Yaba College of Technology, Yaba, Lagos State, Nigeria. The study was guided by two research questions. Mixed method...
Adolescent Students’ Nutritional Knowledge in Boarding Schools and Strategies for Improving their Nutritional Status
This study investigated adolescent students’ nutritional knowledge in boarding schools and potential strategies for improving their nutritional status in the Ido-Osi Local Government Area of Ekiti State, Nigeria. The res...
Self-Motivation and Study Ethics as Predictors of Undergraduate Students’ Academic Achievement in a Nigerian University
The aim of the study was to examine self-motivation and study ethics as predictors of academic achievement among undergraduates in a Nigerian University. The study employed the correlation research design in the quantita...
Lecturers’ and Students’ Perception on Role of Social Support and Psychological First Aid in Assisting Financial Fraud Victims in South-East, Nigeria
The study ascertained the perception of lecturers and students on the role of social support and psychological first aid in assisting financial fraud victims in South East Nigeria. The study adopted a descriptive survey...