1.0 Introduction
Every year, many millions of dollars are spent on starting new enterprises. An entrepreneur is a person who accountable for risk and outcomes, with appropriately managing the life cycle of the firm and to overcome the factors affecting the growth of a firm (Meijaard, Brand and Mosselman 2005).
The critical factors leads to succeed in business will be how a business owner managing entrepreneurial growth. Sunpizz Sdn. Bhd. has been chosen as an entrepreneurial firm for interview project, which will be discuss in the later section.
2.0 Company Background
Sunpizz Sdn Bhd was owns by Mr. Andy Yek Hock Siang, who was graduated under Bachelor Science (BSc) in Quantity Surveying at University of Port Mouth, London. Currently, Sunpizz Sdn Bhd located at Lot 1398, Centre Point Commercial Center, Miri. Sunpizz Sdn Bhd transforms themselves from traditional hand drawing designers and carpenters in making the furniture into new innovation of cutting edge 3D technology, where the design are done via computerized 3D sketch up and the furniture is selected from design catalogues and can be custom fit to size, color which best suits your preferences (Sunpizz 2010).
In 3 years time, Sunpizz Sdn Bhd are now boost themselves with increasing franchises in Malaysia, which are now able to see their ventures in Kuching, Sibu, Bintulu, Miri, Brunei, Kota Kinabalu and Kuala Lumpur.
3.0 Managing Entrepreneurial Firm’s Growth
Accessing the entrepreneurial firm’s growth will be the crucial pathway which leads the success of business enterprises. A successful entrepreneurship has to discover the golden globe of opportunities (Boeker and Wiltbank 2006). Nevertheless, it is a great challenge as continuous changing economic scale and the perceptions of the societies nowadays.
Thus, the survival and growth of a business needs the entrepreneurs to equip themselves with strategic, tactical skills and abilities in innovation, finance and business acumen in an effort...