FINANCIAL MANAGEMENT PRACTICE AND PERFORMANCE OF SMEs IN NIGERIA
- Project Research
- 1-5 Chapters
- Quantitative
- Simple Percentage
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 3000
ABSTRACT
The survey research design was adopted to determine whether the financial management practices of small firms in Nigeria impacted on their profitability, growth and survival. Five independent variables (accounting systems, financial management information, working capital management, budgeting practices and managerial planning) were used in the evaluation which was restricted to six small firms. Results indicate that two financial information variables (accounting system and financial management information) alone dominate the risk perception of fund providers. As a result, small firms find it difficult to source adequate funds for business operations. The study also reveals that the five independent variables have significant impact on the survival, growth and profitability of small firms. SME firms are therefore advised to employ the services of qualified accountants in order to upgrade their financial management practices to enhance their overall performance.
Related Project Materials
SCHOOL ENVIRONMENTAL FACTORS AND STUDENTS’ ACADEMIC PERFORMANCE IN PHYSICS
ABSTRACT
This study aimed at examining the school environmental factors and students’ academic performance in phys...
THE INFLUENCE OF GEOPOLITICAL EVENTS ON INVESTMENT DECISIONS
ABSTRACT
THE INFLUENCE OF GEOPOLITICAL EVENTS ON INVESTMENT DECISIONS
This study examines the influence of geopolitical events...
EVALUATION OF ANTIOXIDANT POTENTIAL OF MONODORA MYRISTICA (AFRICAN NUTMEG)
BACKGROUND OF THE STUDY
Lipid oxidation is one of the major reasons that food deteriorate and is caused...
MASS MEDIA AND ITS ROLE IN INFLUENCING THE RATE OF CRIME AMONG YOUTHS IN THE SOCIETY
ABSTRACT
This study was carried out to examine mass media and its role in influencing the rate of...
FACTORS AFFECTING ADOPTION OF POS TERMINALS BY BUSINESS ORGANISATIONS IN NIGERIA(A CASE OF DELTA STATE)
ABSTRACT
This study was carried out on the factors affecting adoption of POS terminals by bu...
KNOWLEDGE AND ATTITUDE OF UNDERGRADUATE STUDENTS TOWARDS PERSONAL HYGIENE IN IGBINEDION UNIVERSITY OKADA
Background to the Study
Students have a unique challenge when it comes to maintaining good personal hyg...
AN EXAMINATION OF TAX IMPLICATIONS OF EMPLOYEE BENEFITS AND PERKS
Abstract: AN EXAMINATION OF TAX IMPLICATIONS OF EMPLOYEE BENEFITS AND PERKS
This study examines the tax implications of employee benefits...
THE ROLE OF WOMEN’S EDUCATION IN NATION BUILDING: A CASE STUDY OF OVIA NORTH EAST LOCAL GOVERNMENT AREA OF EDO STATE
Abstract
The study was aimed at examining the role of women’s education in nation building Ovia North East was taken as a case stud...
INVESTIGATION OF THE FACTORS IMPEDING THE IMPLEMENTATION OF OPEN DEFECATION LAW IN THE NORTH
Background to the study
Open defecation continues to be a critical health challenge globally, affecting...
ASSESSMENT OF KNOWLEDGE, AWARENESS OF RADIATION EXPOSURE AND SAFETY PRACTICE AMONG PATIENTS UNDERGOING MEDICAL IMAGING IN HOSPITALS
Background of the study
In modern medicine, the use of X-rays in imaging modalities such as Computed Tomography (...
