The purpose of this study is to analyze the success factors of the Sam Bo Hwa Seong Co., Ltd. this research is case study. In order to accomplish the objective, 1 had personal interview with the present Kim and reviewed business policy and company regulation. The main success factors of the Sam Bo Hwa Seong corporation are as following: first, a large experience of the top management, second, the artisan spirit and a mission sense of the CEO, third, a strong thrust of the present Kim, fourth, the partnership between labor and management, fifth, an exhaustive credit and a perfect quality control, sixth, research and development investment for the technical improvement. The result of this research will be a useful information to the management in small-medium firms and to the reserve management who wants establishment of the corporation.