1. To what extent do you believe they are entrepreneurial? Underpin your answer with theoreticaldiscussion on what makes an entrepreneur. Compare andcontrast their behaviour in setting up their own company with relevant theories onentrepreneurial behaviour.
2. As an independent consultant, what advice would you give themabout how to expand the business and about the potential pitfalls they might face.
3. While effective planning and control of financial resources is essential for all firms, smallfirms face more obstacles than larger ones in ensuring this effectiveness. Outline thereasons for this and discuss the ways in which small firms can optimise the use offunding within their business.
4. What issues has GUY WATSON experienced in growing his business? Would any of thetheoretical growth models that you are aware of be of any use to him in overcomingthese issues?