Owner-managers and Business Planning in the Small Firm
| Autor: | Perry Wardle, H. Doug Watts, Suzanne Richbell |
|---|---|
| Rok vydání: | 2006 |
| Předmět: |
050208 finance
05 social sciences ComputingMilieux_LEGALASPECTSOFCOMPUTING Work experience New business development Possession (linguistics) 0502 economics and business Business analysis Owner managers Business Business plan Business and International Management Marketing 050203 business & management Growth orientation Small firm |
| Zdroj: | International Small Business Journal: Researching Entrepreneurship. 24:496-514 |
| ISSN: | 1741-2870 0266-2426 |
| DOI: | 10.1177/0266242606067275 |
| Popis: | This article explores the ways in which the characteristics of the owner-managers of small firms influence whether or not those firms have a business plan. The focus is primarily on antecedent influences on owner-managers such as education and prior experience. Data are drawn from a survey of the owner-managers of small metalworking firms in Sheffield, UK. Around half the sample of owner-managers possess a business plan. Antecedent influences on owner-managers showing a significant association with the possession of a business plan include an above average level of education, previous work experience in a large firm immediately before setting up their firm and running firms in sectors outside their previous experience. Not surprisingly, possession of a business plan showed a positive association with those owner-managers with a growth orientation. It is concluded that owner-manager characteristics can be important in explaining the presence/absence of a business plan within the small firm. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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