The Role of Socio-Political Environment in Business Success: A Case of Small Businesses in Uganda

This study focused on the relationship between Socio-political environment and business success in Uganda. The research axiology is value free and the approach is deductive. Data were sourced using structured questionnaire survey consisting of 92 SMEs registered with the Uganda Registration Services Bureau (URSB). Research outcomes revealed that Socio-political environment is a precursor of business success. The analysis of the study is deterministic and findings are hypothetical. The research design prohibits studying business success using exploratory views. In addition, the data collection tool was standardized questionnaire design, and operationalized using quantitative procedures. Application of an in-depth interview could have given profound insights of the studied phenomenon. The practical effects of this study are that: entrepreneurs should acclimatize themselves with social and political factors surrounding their businesses to enhance their survival and growth. Scholarly presentations on the effects of Socio-political environment on business success, have attracted little scholarly attention in the past years. This study is therefore of momentous contribution in this area of research.