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Wordcount: 3305
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FACE TO SMALL FIRMS: WHY BUSINESS SUCCESS AND FAIL
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This paper explores why small firms’ business success and fail, while proposing a universal theory about small firms behaviour, we argue that small firms can encounter the same problems when they are operating. These potential problems can occur in: pricing, finance, competition from new firms or products and organisational integration of resources, cash flow problems. Below are some examples of small firms which have succeed and fail in the last few years.
SUBWAY RESTAURANT’ S SUCCESS
Subway restaurant was opened in McDonough, Atlanta, America by a couple---Troy smith and Mary Ann smith, Troy has 19 years of corporation work experience and Marry was a teacher.
In December, 2001, the Smiths started their plan: they used a home e
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