(i) Fear of risks associated with large business.
(ii) Need for personal attention to customers.
(iii) To meet needs of few customers.
(iv) Little capital for expansion.
(v) No collateral to borrow funds for expansion.
(vi) Decision by owner to remain small.
(vii) Limited technology/ limited specialization.
maurice.mutuku answered the question on July 14, 2017 at 06:20
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