Start-Ups

When Small Businesses Get Bigger: Be Careful What You Wish For?

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Executive Summary

In life, of course, there are consequences for the decisions one make. And so it is in business, too - and specifically in small business, where growth and evolution can bring surprising (and sometimes undesirable) consequences. In fact, what matters most to small business owners changes dramatically as their companies evolve from very small entities (fewer than 10 employees) to sizable businesses (approaching 100 employees or more), according to a recent study. As the business grows larger, personal freedom and maintaining work-life balance - often the key reasons for starting a company - decline as what matters most in running a business.

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