Journal of Undergraduate Research
Keywords
entrepreneurial success, tax tevenue, small firms, market match
College
Marriott School of Management
Department
Accountancy
Abstract
Every company has an entrepreneurial beginning. Some companies grow into huge corporations that provide thousands of jobs and generate millions in tax revenue, while other companies remain small and fight to stay in business from year to year. This observation prompts the question: What factors are influential in determining if a company will be successful? Success, for our purpose, is measured by the company’s ability to persist over time and provide jobs. By this definition, both the large multinational corporations and the small “Mom & Pop” businesses are successful, if they continue to provide jobs. The Small Business Administration (SBA) estimates that small firms represent 99% of all employers and provide approximately twothirds of new jobs.i If 99% of employers are small firms, then a study about influential factors may logically start with a sample of small companies.
Recommended Citation
Blanchard, Bryant D. and Black, Dr. Ervin
(2013)
"Entrepreneurial Success Factors,"
Journal of Undergraduate Research: Vol. 2013:
Iss.
1, Article 2406.
Available at:
https://scholarsarchive.byu.edu/jur/vol2013/iss1/2406