Small Business Critical Success Factors and the Legal Form of the Firm
Journal of Business and Entrepreneurship
This study supports the concept that the legal form of small businesses may be a valuable addition to the commonly used measures of age and size as estimators of a firm's stage in its life cycle (the measure of maturity of a small business). A survey of 400 small business owners drawn from a mid-sized Texas city measured owners' perceptions of critical success factors relevant to them. Suggestions for future research are provided for additional confirmation of the incorporation step milestone in a life cycle as a determinant of a firm's perceptions of critical success factors.
Chawla, Sudhir K., Mary F. Hazeldine, Robert E. Jackson, Richard J. Lawrence.
"Small Business Critical Success Factors and the Legal Form of the Firm."
Journal of Business and Entrepreneurship, 19 (2).