Factors Effecting Performance of Women Entrepreneurship in Karachi

Abstract

In the current vicinity, entrepreneurship based business ventures are considered as the engim of growth for developing and developed economies. Innovation based organisations always try to create something different which is usually the solution to the problem and which also gives a great business opportunity to a business originator and that unique business solution opens doors of investment for local, domestic and international buyers.

This provides a source of income not only for an entrepreneur but it is beneficial for the stabilit\ of the country, through circulation and mobilisation of local and foreign currency, as well.

The overall objective of the research is to explore constraints which women entrepreneurs in Karachi face. Some well renowned women entrepreneur-based firms are having high growth rate in different fields of business. Currently in Karachi, citizens and especially younger generations are very much willing to use their capabilities to the max by entering into the phase of creation of their own businesses. Male as well as female entrepreneurs are trying to fix their feet, particularly the worn sector, which is highly energetic and eager to create an example for the future generation.

Women entrepreneurs are not only able to earn self employment; they can also provide a grt contribution for the growth and economic development of the country.

The basic purpose of the research is to reveal problems related to the need, trend, inflation, a maintenance of standard living, domestic issues, unstable marital status, and the financ independence for need facing by the women entrepreneurs in Karachi and to evaluate how the problems can be overcome or reduced.

Multiple problems are attached with the trend of entrepreneurship, like the production cost getting higher and there doesn't seem to be a good quality and a lack of refinement in the produ or services. Electricity fluctuation is another big issue which is creating production and delive problems. Generators can be used as an alternative, but they themselves are an expensive mediu to bear by these entrepreneurs and this eventually leads to an increase in cost of production.

The law and order situation is another problem which is creating high level difficulty to run t affairs of business material and the labor costs are increasing continuously. Every day strikes a, creating a delay of projects which Is increasing production cost and reducing the level of profits. 0 the other hand, Chinese products have made their way into the market with a very low pric securing their place in the international and domestic markets with much more ease as compared Pakistani Products. But despite these problems, the future of women entrepreneurs in Karacl seems bright because currently many organizations are engaged in a variety of research projects