A comprehensive picture of the small business which will act as the ideal first text for students studying this sector, and seeking to understand the way it works. ‘This book is undoubtedly one of the very best attempts at providing a comprehensive review for those wishing to study the formation, development, contribution and management of small firms supported by a most impressive synthesis of contemporary research and literature.’ Small Business and Enterprise Development
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1. Introduction 2. Small Firms: Definitions, Descriptions and Patterns 3. The Birth of Firms 4. The Death of Small Firms 5. The Growth of Small Firms 6. Employment 7. Finance 8. Public Policy 9. Conclusions Notes References Index
This text introduces the key characteristics of the small business sector. Looking at core business functions, it examines the specific problems that face the small business owner. It shows how the business environment for the smaller firm differs from that of larger companies, and studies how far their success or failure depends on the wider economic climate. It also looks at the different locations, whether urban or regional, and the effect of small businesses on the outside community. In addition, the book studies the internal organization of small companies, encompassing discussions of employment, entrepreneurship, management strategies, organizational cultures, finance and the variety of challenges the small business owner faces in each of these questions.
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