Small family firms were less likely to pursue growth compared with similar non-family
firms.
Although medium family proprietors desired growth, their actual growth was lower than
similar non-family firms. Management practices were less formal in family firms and the gap between family and non-family firms in this area widened with growth. Small family firms achieved greater profits than their non-family counterparts, although this disparity disappeared at the medium level.
Exports were low for both firms at the small level. However, medium family firms were less likely than similar non-family firms to export.