The Effect of Operational and Strategic Planning on Small Firm Performance

Abstract

Unlike largecorporations,smallbusinesses facesmultiplicity of problems thatcould spellimmediate doom for theorganization.As a result,an increasing body of research addressing small business problems has been noted in the literature.This research study investigated the effect of operah'onal and strategic planning on small finn performance and found that both roere positively related to performance.Practical implications of these research fi'ndi ngs are provided for small businesses.