ABSTRACT

One of the most notable aspects of the SBEs in this study is that they are typically subject to rapid growth, whether one looks at this in terms of growth sales, assets, or employment. I indicated in chapter 3 that between 1985 and 1988 real sales and real assets increased, on average, threefold for the sample, with full-time employment almost doubling. In chapter 4, the percentage output change for the sample was also noted as being high at an estimated +150 per cent. It is also the case that these SBEs had grown quickly right from the point of financial inception. There had been an almost fourfold increase in real assets, on average, from the point of financial inception until the administration of the questionnaire in 1985 (AQ 1985) over an average period of three-and-a-half years.