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How SMEs Tick

In: The Role of the Non-Executive Director in the Small to Medium-Sized Business

Author

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  • John Smithson

Abstract

The principal thesis of this book is that SMEs arc different, and their requirements in terms of non-executive directors are different from larger businesses. It would be as well to begin by defining what is meant by ‘small-to-medlum-sized’ companies — for there is no textbook definition for a term of extremely wide currency. Interestingly, even the Federation of Small Businesses, in its capacity as the mouthpiece and advocate for the sector, docs not place an upper limit on the size of businesses it claims to represent, instead leaving its largest category of member as ‘101-plus’ employees.

Suggested Citation

  • John Smithson, 2004. "How SMEs Tick," Palgrave Macmillan Books, in: The Role of the Non-Executive Director in the Small to Medium-Sized Business, chapter 2, pages 31-47, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-4039-9005-1_3
    DOI: 10.1057/9781403990051_3
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