Work-Life Balance and Entrepreneurial Performance of Female Owned SMEs in Anambra State
Keywords:
Work-life balance, entrepreneurial performance, women-owned SMEs, Work environment, Employee assistanceAbstract
The study examined the effect of work-life balance on entrepreneurial performance women-owned SMEs in Anambra State. The objective of the study was to: Ascertain the effect of flexible scheduling on entrepreneurial performance in women-owned SMEs, Evaluate the effect of employee assistance on entrepreneurial performance in women-owned SMEs , Evaluate the effect of work environment on entrepreneurial performance in women-owned SMEs. The study adopted a survey research design, using structured questionnaires to collect primary data from owners and managers of SMEs in major commercial centers, including Nnewi, Onitsha, and Awka. The sources of data for this research were mainly primary data. The population of the study consists of four thousand, six hundred and ninety-nine (4,629), while the sample size of eight hundred and ninety (890) was derived using the Taro Yamane formular, however eight hundred and seventy-three (873) was returned for the analysis. Percentage table and analysis of variance were used in this study. Statistical package for social sciences (SPSS) was employed in the analysis of data. Flexible schduling have significant positive effect on entrepreneurial performance in women-owned SMEs in Anambra State (t=, 4.311, p=,..028). Employee assistance have significant positive effect on entrepreneurial performance in women-owned SMEs in Anambra State (t=, 3.326, p=,.000). Work environment have significant positive effect on entrepreneurial performance in women-owned SMEs in Anambra State (t=, 3.841, p=,..000). The study concludes that effective work-life balance practices contribute significantly to entrepreneurial performance among women-owned SMEs in Anambra State Women entrepreneurs should consider flexible working hours, shift adjustments and reasonable scheduling of preferred days off where business operations permit. Business owners should provide appropriate support to employees experiencing personal, family or work-related difficulties.