Factors Influencing Growth in Small Firms

Entrepreneur/ResourcesThe firmStrategy
MotivationAgeWorkforce training
UnemploymentPrior business failureManagement training
EducationPrior Sector experienceExternal equity
Management experiencePrior firm size experienceTechnology, Market positioning
Number of foundersGenderMarket adjustments
Prior self-employmentAgePlanning, New products
Family historySectorManagement recruitment
Social MarginalityLegal formState support
Functional skillsLocationCustomer concentration

OwnershipInformation & advice

Source: Storey, D. J. (1994), Understanding the Small Business Sector, London: Routledge

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