Middle Tennessee State University: Journals@MTSU
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Management Policy in Franchising Operations: A Preliminary Study
Full text link During the past few decades franchising has emerged as one of the fastest growing methods doing business in the world . This article investigates the concept of climate in Franchising ores and how that relates to the stores\u27 per formance. Work context, participation and orkgrou p were identified as important climate factors influencing store per formance: Pro r management .of the work climate should e.nhance Franchise store per formance.
The Status of Computerized Accounting Software in Small American Businesses
Full text linkA telephone survey of 123 companies in the Cincinnati SM SA with 30 or Jess employe as taken for the purpose of determining the extent of computerization, the level of intere n accounting software, and the type of computerized accounting system selected for use. ere also interested in the method of selection and level of utilization of computerized a ounting soft ware. The types of accounting software are classified as the off-the-shelf no odifiable, off-the-shelf modifiable, and custom designed .This pa per will examine how the companies chose their present system, how the mployees were trained on that system, and the extent to which the accounting function maller companies is now computerized . The reality of the system vs. expectations and t vel of utilization of the system will also be examined . The data will be tabulated so that tren an be identified . The result is that our body of knowledge about accounting software use for small companies will be increased .
The Eximbank State/City Pilot Initiative for Small Business Exporters: Goals, Achievements and the Path Ahead for Export-Finance Support at the Local Level
Full text link The Export-Import Ban·k of the United States (Eximbank) operated a pilot program with sei\u27en state and city agencies d uring 1988. That institution sought to determine if a partnership with such local agencies could assist small firms to acquire export-finance support needed to secure international marketing transactions. This pa per evaluates achievements and requirements as the pilot effort is converted into a permanent cooperative program in 1989
A Proposed Capital Budgeting Technique For Liquidity Constrained Small Businesses
Full text linkAlthough the ad vantages of capital budgeting models using discounted cash flaws are well known, small businesses continue to rely on non-discounted techniques in making capital budgeting decisions. This paper analyzes the financial environment in which small businesses operate that makes traditional capital budgeting models inappropriate. A capital budgeting technique is developed that is sensitive to the needs of small businesses and also meets the three-fold criteria for capital budgeting methods.
New Venture Initiation: Factors Influencing Success
Full text linkThe authors recognize that the definition of "entrepreneur\u27\u27 may still be subject to varying interpretation. For the purposes of this study, the tenn entrepreneur will be used to include a broad entrepreneurial behavior along the lines of Hisrich and Peters\u27 definition that \u27\u27Entrepre neurship is the process of creating something different with value by devoting the necessary time and effort, assuming the accompanying financial, psychic and social risks and receiving the resulting rewards of monetary and personal satisfaction" (5).Previous research on entrepreneurial success, has explored both the cognitive and behav ioral characteristics of the entrepreneur as well as the contextual variables surrounding the business venture. This study has been designed to explore specific variables relative to (a) the entrepreneur, (b) the context of the business venture and (c) the product or service itself. Itis the intent of this survey to identify and confinn the impact these variables have on the initiation and eventual success of new business ventures
Requirements and Benefits of Implementing Just-In-Time Manufacturing for Small-Firm Manufacturers
Full text linkThis study explores the applicability of Just-In-Time (/IT ) manufacturing elements for small-firm manufacturers. A survey of small-firm electronic firms was undertaken to identify and document the level of /IT implementation alread y underway. Integrating concepts necessary for successful /IT implemen tation along with the benefits of /IT are also discussed . It is suggested that /IT manufacturing is a viable and useful strategy to enhance the competitive position of small manufacturing firms
The Effect of Operational and Strategic Planning on Small Firm Performance
Full text linkUnlike large corporations, small businesses face a multiplicity of problems that could spell immediate doomfor the organization. As a result,an increasing body of research add ressing small business problems has been noted in the literature. This research stud y investigated the effect of opera Honal and st rategic:-ilanning on small firm performance and found that both were positivel y related to performance. Practical implications of these research findings are provided for small businesses
