Model for expression of personal entrepreneurship realization in the logistics sector
Rolandas Drejeris () and
Mykolas Mažukna ()
Edelweiss Applied Science and Technology, 2025, vol. 9, issue 7, 1032-1044
Abstract:
The global logistics sector offers significant opportunities for entrepreneurial growth, yet aspiring entrepreneurs often face challenges due to a lack of structured guidance in business creation. This paper addresses this issue by developing a universally applicable business creation model designed to increase the likelihood of successful logistics business establishment. The model systematically guides entrepreneurs through key decision-making stages, including choosing a business model, legal form, location, and financing sources. The methodological section provides decision-making support by implementing a multi-criteria evaluation approach—specifically, the Simple Additive Weighting (SAW) method—combined with criteria derived from modern academic literature. During practical implementation, the proposed model helped identify 10 logistics business models and 9 key evaluation criteria. Results showed that the model can effectively incorporate diverse expert evaluations, enabling more objective and efficient decision-making when selecting viable business creation options. The model was also tested by an entrepreneur establishing a new logistics company; the company, successfully launched, has been operating for over 10 months. The practical application confirms that the proposed model is a useful and adaptable tool for new entrants in the logistics sector seeking structured guidance throughout the business creation process.
Keywords: Business creation model; Logistics; Multi-criteria evaluation; SAW method. (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:
Downloads: (external link)
https://learning-gate.com/index.php/2576-8484/article/view/8804/2940 (application/pdf)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:ajp:edwast:v:9:y:2025:i:7:p:1032-1044:id:8804
Access Statistics for this article
More articles in Edelweiss Applied Science and Technology from Learning Gate
Bibliographic data for series maintained by Melissa Fernandes ().