EIM Business & Policy Research
This report tries to gain insight in the willingness or ambition to grow of a small business owner. The main question of this report is therefore: Which factors influence the ambition to grow a business? Firm growth is a process where the firm changes from a small, informal, simple and an unstructured firm to a bigger, often more formal, complex and structured organization. Often a firm starts (very) small and needs to grow to a certain size to become economic viable (e.g. the minimum efficient scale). From that point onwards, the small business owner has the freedom to grow the business or not. Not every small business owner wants to grow.