Journal of Small Business Management

Articles from Vol. 24, July

Entrepreneurs: Opportunistic Decision Makers
ENTREPRENEURS: OPPORTUNISTIC DECISION MAKERS* Our society is currently experiencing an unprecedented boom in entrepreneurial activity. Consider, for example, the recent growth in the number of business incorporations. In 1974 about 319,000 new...
Franchising an Established Business
FRANCHISING AN ESTABLISHED BUSINESS The owners of established small businesses are often attracted by the prospects of achieving increased growth and profitability through franchising. Well-publicized, "rags-to-riches' stories about successful franchisors...
Franchising from the Franchisor and Franchisee Points of View
FRANCHISING FROM THE FRANCHISOR AND FRANCHISEE POINTS OF VIEW Franchising has expanded rapidly in the North American market and around the world during the 1970s and 1980s. Total franchise sales for the United States and Canada in 1984 were estimated...
Growth Stages of Small Apparel Retail Firms
GROWTH STAGES OF SMALL APPAREL RETAIL FIRMS Every business firm passes through identifiable stages in its life span. During these different stages, firms use different strategies, have different goals, go through different marketing phases, and even...
Improving the Owner-Manager's Handling of Subordinate Resistance to Unpopular Decisions
IMPROVING THE OWNER/MANAGER'S HANDLING OF SUBORDINATE RESISTANCE TO UNPOPULAR DECISIONS Owners and managers of small organizations must inevitably implement some decisions that will be resisted by their subordinates. Two general categories of decisions...
Master Franchising: A New Look
MASTER FRANCHISING: A NEW LOOK Franchising is often viewed as an industry by itself. However, franchising is not an industry, but a process-- an ongoing contractual relationship between a franchisor (owner) and a franchisee (leasee). Franchising...
Succession in the Family Firm: The Inheritor's View
SUCCESSION IN THE FAMILY FIRM: THE INHERITOR'S VIEW In recent years, the small firm has enjoyed much public prominence; it has been seen as a hope for the future, the source of new jobs, new wealth, new products and services. Indeed, a healthy small...
The Impact of Changing Tax Laws on the Subchapter S Corporation
THE IMPACT OF CHANGING TAX LAWS ON THE SUBCHAPTER S CORPORATION For many years, individual proprietors and partners who engaged in joint business activities were confronted with a difficult dilemma. Although they may have wished to take advantage...
The Public's Definition of Small Business
THE PUBLIC'S DEFINITION OF SMALL BUSINESS There is widespread agreement that small business is an essential component of the United States economic system in terms of such characteristics as number of firms, employment, innovations and the many products...
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