Small Business Growth

Paper Summary:

This paper relates that the objectives of the proposed study are to identify what barriers exist to the successful entrepreneurship of small-to medium-sized enterprises (SMEs) in general, to identify the key barriers to success for SMEs in transition in particular, to deliver a critical and comprehensive analysis and literature review of these issues and to provide recommendations for entrepreneurs seeking to remain competitive and grow their businesses in an increasingly globalized marketplace. The paper provides a literature review and outlines the methodology to be used, the expected outcomes and the implications of the study.

Outline:
Abstract
Introduction
Objectives
Literature review
Method
Ethics
Expected Outcomes
Implications of the Study

From the Paper:

"While not all SMEs grow to become "gazelles," the creation of a small company by entrepreneurs may represent the best opportunity an individual will ever have in achieving financial independence and self-actualization (Bannock). The study of entrepreneurship and how it can contribute to the growth of SMEs also represents a timely endeavor because these businesses serve wider social purposes that remain understudied in the literature. These wider social purposes include, for instance, small companies that recycle local expenditure and savings into communities in ways that larger businesses are unable to match or by improving citizen safety on city streets at night, thereby helping to reduce crime (Bannock)."

Sample of Sources Used:

• Bannock, G. (2005). The Economics and Management of Small Business: An International Perspective. New York: Routledge.
• Birley, S. and I C. Macmillan. (1999). Entrepreneurship in a Global Context. London: Routledge.
• Black's Law Dictionary. (1990). St. Paul, MN: West Publishing Co.
• Dennis, C. and L. Harris. (2002). Marketing the e-Business. London: Routledge.
• Dickinson, C. J. (2002, March 15). "Health care tops concerns, Small-business survey examines greatest barriers for growth." The Business Journal - Central New York 2-3.

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