The sector of the economy in which the business is operating is a key characteristic of a small firm that will determine its rate of growth.
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Q28: Most small firms have problems obtaining finance
Q29: It is very easy to set up
Q30: Large firms are usually classified as those
Q31: The principal- agent problem is a serious
Q32: Fast growing firms tend not to bring
Q34: Small firms often serve a localised market.
Q35: When a small firm first starts trading,
Q36: When management structure is decentralised, and is
Q37: Small businesses pay no corporation tax.
Q38: Small firms typically find it easier than
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