Numerous studies have attempted to gain a greater understanding of small firm
performance with the intent of isolating factors which are important for
success. The studies, some with serious limitations, suggest that many different
variables are Important to success. A further study of 179 small, metal goods
manufacturers enabled some of the specific relationships to be re-examined, but
with mixed support for previous findings. Various suggestions are made for
future research studies. A causal model of small firm financial performance is
proposed.
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