small business

This SBA paper examines the role state policies and programs play in the rate of business births. The authors conclude that states can be quite influential in this area, and that states with larger populations tend to be more efficient in providing this kind of support.

This paper examines the relationship between the structure of small manufacturing firms and the wages they pay.

This paper examines the characteristics of a sample of 231 firms that did receive private equity (PE) and compare them to those of a matched sample. The authors show that firms rely on PE funding when there are no alternatives, i.e.when their debt capacity is limited, due to financial and bankruptcy risk and due to important investments in intangibles. PE investors, from their side, select firms with substantial growth options. Further, firms that receive PE have grown more before the funding event than companies that did not receive PE.

In this paper, the authors empirically test whether SBA-guaranteed lending has a greater impact on economic performance in low-income markets. Using local labor market employment rates as a measure of economic performance, the authors find evidence consistent with this proposition.

The primary objectives of this paper are to analyze and discuss the development of Malaysian SMEs and their role, as well as various contributions, in the national economy. The paper goes further by reviewing extant literature to identify the major challenges facing this sector in Malaysia as well as government policies aimed at the development of SMEs.

Using 2002 sole proprietorship data, the impact of
location on net income is analyzed using a sample
of 1.6 million profitable nonfarm sole proprietorships
that took a home office business deduction (homebased
businesses) and 1.9 million that deducted rent for other business property (non-homebased businesses). Findings reveal that in 2002, homebased businesses earn lower average receipts ($62,523) and net income ($22,569) than businesses operated in rented space. Homebased firms gain a higher return on gross revenues compared with non-HBBs.

This report presents an analysis of the small business sector and the evolving environment in which it operates. The report identifies a number of important recommendations along with an implementation mechanism, which will allow this sector to continue to flourish and grow.

Findings of the study reveal that areas that experience greater population growth also have increased changes in the number of small business. The growth rates of rural small businesses are influenced by different factors during periods of varying economic conditions.