Abstract
Only a few businesses experience growth without effective planning and control. While the impact of planning and control on small firm growth is implicit in many discussions, much of our understanding of this phenomena is based on speculation and opinion. This paper provides an analysis of factors related to the level of growth in the small business setting. It develops a contingency-type model of the role of formal planning and control systems in small firm growth. A selection of external, internal and managerial factors are identified as being associated with growth. The way in which these contextual variables interrelate with formal planning and control to effect growth is explored by examining 18 case studies over three consecutive stages of growth.
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