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Figures from the Finscope 2010 Small Business Survey attest to this and indicate a significant gap between white and blackowned businesses. They reveal that while black people (black African, Coloured, Indian and Chinese South African) run over 80% of the country''s businesses, just 2% of blackowned firms have five or more employees.
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Research purpose: To identify nonrelationalbased conditions for effective mentoring of black small business owner–managers. Effective mentoring can help enhance business management skills and improve the survival of small businesses in South Africa.
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