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Factors Influencing Growth in Small Firms

Entrepreneur/Resources The firm Strategy
Motivation Age Workforce training
Unemployment Prior business failure Management training
Education Prior Sector experience External equity
Management experience Prior firm size experience Technology, Market positioning
Number of founders Gender Market adjustments
Prior self-employment Age Planning, New products
Family history Sector Management recruitment
Social Marginality Legal form State support
Functional skills Location Customer concentration
Training Size Competition
Ownership Information & advice

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

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