Enterprise and Small Business Principles
Learning objectives
There are four learning objectives in this chapter:
1 To introduce the case for government action to help small businesses.
2 To understand the limitations on government actions to help small businesses.
3 To appreciate the different aims, methods and forms that government actions may take.
4 To become acquainted with the main examples of government help to small businesses in Britain, and their strengths and weaknesses.
Key concepts
■ market failure ■ business climate ■ regulation ■ bureaucratic failure
■ targeting ■ advice and consultancy
Kevin Ibeh 24.1 Introduction This chapter is concerned with internationalisation of small and medium-sized enterprises (SMEs). It starts with some reflections on the now-established status of SMEs as international market …
John Stanworth and David Purdy 23.1 Introduction At its best, franchising is an avenue into self-employment offered by franchisors (owners of a ‘tried-and-tested’ business format) to franchisees (typically aspiring small …
Nigel Lockett and David Brown 22.1 Introduction This chapter looks beyond the extraordinary developments in information and communication technology (ICT), particularly e-commerce and e-business, to the opportunities and challenges presented …
