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August 26, 2016

Some successful small business owners just say no to growth

By JOYCE M. ROSENBERG
AP Business Writer

NEW YORK — When a small business is successful, an owner will likely face the question of whether to grow. After a lot of soul-searching, many say no.

Some worry that the quality of their products or services might be hurt because a larger company can be more difficult to operate. Or they don't want to tip their work-life balance away from spending time with family and friends. Others want to grow, but the time isn't right — they may be worried about the economy, and reluctant to take risks like hiring the staffers needed to handle more business.


 
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