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Mason, M.K. (2010b)What Causes Small Businesses to Prosperhere

Summary

"Short Answer: Many researchers say it is having a comprehensive business plan.

Survival is also closely associated with age and size of the firm. The longer a firm has been in business the more likely that it will continue in business. The same is true of size. A study of firms found that 85% were still in business after three years, if they had developed a business plan at the outset."


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