(Answered) 1 why is it so difficult for many small business owners and

Management Studies

1. Why is it so difficult for many small business owners and entrepreneurs to raise the capital needed to start, operate and expand their ventures?

2. Jeffrey Pfeffer identified seven HR practices of successful companies:

Employment Security
Selective Hiring
Self-managed teams / Decentralization
Compensation Contingent upon Performance
Extensive Training
Reduced Status Differences
Sharing Information

Do small and family-owned businesses need to adopt these practices in order to be successful, or are they really only applicable to larger organizations?

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Business Management, Management Studies

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