One management level, owner often works in
operation
Two management levels, owner doesn’t work in
operation
Several full time management levels
Rarely growth and profit oriented
Sometimes growth and profit oriented
Stronger growth and profit orientation
Very low division of work
Division of work with a few different professions
Division of work with several professions and expert support
functions
Low formalization – nothing in writing
Some formalization – systematic bookkeeping
Formalization in terms of book-keeping, contracts,
certification