SMALL BUSINESS SURVIVAL AND GROWTH

Year 2018, Volume: 1 Issue: 1, 57 - 69, 07.09.2018

Nedim Yüzbaşıoğlu

Abstract

This paper examines the theme of small business
growth in detail by investigating the types of growth which may be found in
small firms. A review of the literature examines the factors which are most
important in determining small business survival, growth and performance
relations. Such information is clearly important for three particular reasons.
Firstly, it may give an opportunity to diagnose any early indicators of
economic problems of health in small and medium sized business sectors. In
turn, any such study may contribute to the creation of a more healthy economic
development climate (Birley, 1986). Secondly, it would allow an evaluation of
how effective current initiatives are in their aim of helping small business
growth.  Thirdly, it may be argued that
if the causal factors resulting in the successful growth of companies are
known, it could assist in those beneficial characteristics which contribute to
the growth process being identified.

Keywords

Small Business, Survival, Growth, Performance

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