The recent revival of self-employment in the UK and other advanced industrialized economies has been viewed contrastingly as an indication of economic vitality and, alternatively, as a form of labour market deficiency. These different perceptions rest essentially on two opposing processes of...

Not only are most franchisees themselves small businesses, but so are many franchisors, particularly in the formative years of their franchise businesses. High turbulence and attrition rates in the formative years of franchise businesses result in an industry profile whereby, at any one time,...