Limestone University Assistant Professor of Finance Dr. Renee Dyer recently had a research article published in the Journal of Entrepreneurial Finance.
Dryer’s article, entitled “Financial Strategies for Long-Term Success of Women-Owned Small Businesses,” focuses on the research of 11 women small business owners in Cleveland County, NC and how they funded their small businesses for long-term sustainability. The women entrepreneurs had been in business beyond five years due to their successful financial strategies and hard work.
The article explains that local economies are strengthened by the success of women small business owners; therefore, women entrepreneurs must be equipped with the knowledge of successful financial strategies. It also notes that there is a need for local business support and educational opportunities for small businesses.
“Failure of small businesses many times is because of poor implementation of long-term financial strategies,” Dyer said. “The success of women small business owners can strengthen the local economy by stimulating economic growth, increase the quality of life for the owner and their family, and can improve the standard of living in their community.”
A recipient of her Doctor of Business Administration in Finance degree from Walden University, Dyer also holds a Master of Business Administration in Finance degree from East Carolina University, and a Bachelor of Science in Business Administration degree from Gardner-Webb University. She has been teaching in higher education since 2008 and has taught finance at Limestone since 2017.
For those eager to learn more about the success of women small business owners, Dyer’s article can be found HERE.
Established in 1991, the Journal of Entrepreneurial Finance is a premier source of academic research related to small business finance and entrepreneurship. It is published by Pepperdine University's Graziadio School of Business and Management in association with the Academy of Entrepreneurial Finance using a double-blind peer review process.