In this article we examine how startup businesses finance their operations over time. We employ the Latent growth modeling technique to test the financial growth cycle theory developed by Berger and Udell (1998). The data used in this study is the Kauffman Firm Survey, the largest longitudinal...

This study aims to explain the survival and exit outcome of franchise startups compared to other types of startups. Small business owners choosing to become franchisees have high expectations about business survival since "franchise is a proven business model that carries less risk." Using the...

In this article we examine how startup businesses finance their operations over time. We employ the Latent growth modeling technique to test the financial growth cycle theory developed by Berger and Udell (1998). The data used in this study is the Kauffman Firm Survey, the largest longitudinal...

This study aims to explain the survival and exit outcome of franchise startups compared to other types of startups. Small business owners choosing to become franchisees have high expectations about business survival since "franchise is a proven business model that carries less risk." Using the...