ST~Ter Y EDITORS'OTE .. The faculty and staff of the Henry W. Bloch School of Business and Public Administration are most grateful to the members of the Small Business Institute Directors'ssociation for giving us the opportunity to sponsor and publish thc Journal of Small Business Strategy. We arc mindful of the outstanding contributions of previous editors and sponsoring organizations and expect to carry on the practical nature, as well as sound methodological research procedures comprising thc Journal's contcne Wc have leamcd that in publishing a journal, like success in small business, there arc no shon-cuts. Thc'valuable assistance of all the members of the Editorial Advisory Board has made a substantial contribution to getting this issue out on time. In looking forward to future issues and the continuing development of the Journa! of Smail Business S&raregy, wc would welcome letters to thc Editor, notes and comments on issues facing small business, review of ncw books in the field and insightl'ul casework or counseling notes. Onc thoughtl'ul suggestion has bccn to dcvotc scvcral pages to observations by small business owners, (the "Owner's Comer"), who's comments can help all of us stay in the forefront of change and challcngc. Wc wclcomc your comments and suggestions and look forward to working to add value in thc long-run success of'he Journal. Joseph F. Singer, Ph.D. Editor