The Reasons and Symptoms of Failure in SME

Jaroslaw Ropega ()

International Advances in Economic Research, 2011, vol. 17, issue 4, 476-483

Abstract: In analyzing the sources and processes of failure, one can see a certain pattern. Namely, management does not notice the critical situation in time, which due to delayed or incompetently carried out repair actions, ends in company collapse. Development thresholds are occurring in the process of the growth and development of the company. They are often tied with crisis in the company. Their occurrence is preceded with symptoms of future crises in many cases. The analysis and understanding of these symptoms by entrepreneurs may help reduce the number of crises in companies of the SME sector and unintentional economic failure. Copyright International Atlantic Economic Society 2011

Keywords: SMEs; Business failure; Reasons of failure; Symptoms of failure; D22; G33; L26 (search for similar items in EconPapers)
Date: 2011
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DOI: 10.1007/s11294-011-9316-1

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