Financial relations small business energy complex

2016 ◽  
Author(s):  
Natalya Morozko ◽  
Valyentina Didyenko
Keyword(s):  
Small Business ◽  
Financial Planning ◽  
Financial Services ◽  
Small Businesses ◽  
Energy Sector ◽  
Small Organizations ◽  
Developed Economies ◽  
Energy Complex ◽  
Financial Condition ◽  
Alternative Financial Services

The paper deals with the peculiarities of small organizations in the energy sector, taking into account the principles of effective financial cooperation of small businesses with a variety of large and medium-sized structures. We studied the experience of the financial relations of countries with developed economies on a set of market tools and in business management in the energy sector. The analysis of the financial condition of small organizations and energy sector. Defined financial planning tools of organizations that allow to carry out the relationship of financial planning practices with the main objectives of a small organization. Reasoned application of the tax policy in the system of financial relations for small and large businesses and energy complex. The conditions for the use of alternative financial services market lending small business operations using efficient technologies.

Characteristics of the ERP Systems Designed for Managing Small Businesses

2021 ◽  
Vol 13 (2) ◽  
Author(s):  
Petar Hlebarov
Keyword(s):  
Small Business ◽  
Small Businesses ◽  
Business Environment ◽  
Business Organizations ◽  
Erp Systems ◽  
Small Organizations ◽  
Business In Society

This article mainly aims to introduce the particular charactersitics of the ERP systems, used for managing small businesses, by answering several basic questions related to this topic: What do we generally understand by ERP systems? What is the essence of ERP for small business? What is the role of ERP for small business? What do we understand by small business? What are the characteristics of small business? What is the role of small business in society? What are the basic problems of small business? What is today’s business environment? In this respect, the report introduces the essence and the role of the ERP systems used for managing small business organizations in a structured and summarized way. It shows how the specific characteristics of small business and today’s business environment affect the ERP configurations, compared to those used in large organizations. At the end of the paper, a summary is provided of the characteristics of the ERP systems used for managing small organizations.

Growth and Development of Small Business Through Microfinance Activities in Nepal

2020 ◽  
Vol 1 (1) ◽  
pp. 26-34
Author(s):  
Chandra Prasad Dhakal
Keyword(s):  
Small Business ◽  
Financial Services ◽  
Small Businesses ◽  
Growth And Development ◽  
Linear Regression Analysis ◽  
Multiple Linear Regression Analysis ◽  
Business Owners ◽  
Small Business Owners ◽  
Microfinance Institutions ◽  
Economic Activities

Small businesses play important role for economic development and stability. It develops access in financial services through enhancing economic activities. The study analyzes the growth and development of small businesses that enhance through the support of micro finance in Nepal. Descriptive and inferential were used to collected data and collected data were analyzed through using multiple linear regression analysis. Only 124 small business owners were selected for this study. The study helps to find out the growth of microfinance institutions (MFIs) and small businesses in emerging economy in Nepal. It also assists MFIs to assess the effectiveness of their services and help to efficient utilization of available resources in the economy of Nepal.

scholarly journals Financial Services Used by Small Businesses: Evidence from the 1998 Survey of Small Business Finances

2001 ◽  
Vol 87 (4) ◽  
pp. 0-0
Author(s):  
Marianne P. Bitler ◽  
◽  
Alicia M. Robb ◽  
John D. Wolken
Keyword(s):  
Small Business ◽  
Financial Services ◽  
Small Businesses

scholarly journals Effect of Microfinance Products on Small Business Growth: Emerging Economy Perspective

2018 ◽  
Vol 5 (1) ◽  
pp. 59
Author(s):  
Prince Gyimah ◽  
Williams Kwasi Boachie
Keyword(s):  
Small Business ◽  
Emerging Economies ◽  
Financial Services ◽  
Small Businesses ◽  
Linear Regression Analysis ◽  
Multiple Linear Regression Analysis ◽  
Emerging Economy ◽  
Microfinance Institutions ◽  
Business Growth ◽  
Small Business Growth

Small businesses play significant role to the economic stability and development of emerging economies, and access to financial services is crucial to their growth and performance. This study seeks to ascertain whether microfinance products such as loans, savings, insurance, and education effects small business growth in Ghana. The study uses descriptive and inferential statistics on responses of 248 small business owners for data analysis. Using a multiple linear regression analysis, the study found that all the microfinance product or services positively affects small business growth, and the greatest influence is micro loans. This study contributes massively to exact literature to the growth of microfinance institutions (MFIs) and small businesses in emerging economy, Ghana. The study can assist MFIs to assess the effectiveness of their product or services, and can also serves as a guide to an effective utilization of available scarce resources leading to growth of small businesses in emerging economies.

Financial management in small business

2017 ◽  
Author(s):  
Natalya Morozko ◽  
Valyentina Didyenko
Keyword(s):  
Small Business ◽  
Financial Services ◽  
Financial Management ◽  
Financial Stability ◽  
Federal State ◽  
Financial Policy ◽  
Small Organizations ◽  
Educational Standard ◽  
Rational Management ◽  
State Educational

The textbook describes the main provisions of the financial policy of the organization. The features of small business functioning in Russia are highlighted. The problems of formation of financial resources of small organizations, insolvency of organizations, the financial equivalent of the security of small business functioning are revealed. The methods of financial management in small business, the provisions of the mechanism for ensuring financial stability of small organizations are considered in detail. The main directions of financial management for organizing the functioning of small organizations in the conditions of diversified financial services are systematically defined. Meets the requirements of the Federal state educational standard of higher education of the latest generation. For students and postgraduates studying financial management, as well as specialists and managers of organizations that need to make rational management decisions.

Barriers to E-Commerce Adoption in SMEs

2011 ◽  
pp. 256-276
Author(s):  
Robert C. MacGregor
Keyword(s):  
Developing Countries ◽  
Small Business ◽  
Small Businesses ◽  
Slow Growth ◽  
Business Owners ◽  
Small Business Owners ◽  
Developed Economies ◽  
The Relationship ◽  
Research Studies

It has long been known that small businesses have realised enhanced profits through the adoption of ecommerce. However, a number of recent studies have suggested that it is the larger businesses that are reaping the rewards of e-commerce rather than the smaller businesses. This slow growth of e-commerce adoption in SMEs has been attributed to various adoption barriers that are faced by small business owners/managers. These barriers have been well documented in numerous research studies. However, the relationship between these barriers has not been fully examined, particularly in developing countries. Of particular concern is the fact that the conclusions concerning the nature and role of barriers to e-commerce adoption have simply been transferred from studies in developed economies to those in developing ones. 96 non-adopting SMEs in Indonesia are compared to 129 in Sweden to determine whether the perception of importance of barriers differs between the two locations. The data is also analysed to determine whether the underlying factors of these barriers differs across the two locations.

scholarly journals MONETIZATION PROCESSES IN THE STRUCTURE OF INTERNET MARKETING ACTIVITIES OF SMALL BUSINESS COMPANIES

2018 ◽  
pp. 44-48
Author(s):  
A. E. Kovalenko ◽  
I. Yu. Okolnishnikova ◽  
J. G. Kuzmenko
Keyword(s):  
Small Business ◽  
Small Businesses ◽  
Internet Marketing ◽  
The Internet ◽  
Additional Element ◽  
Small Organizations ◽  
Marketing Activities ◽  
Hierarchical Interaction

The article explores the essence of monetization processes in the structure of internet marketing activities of small business companies. The authors have reviewed the approaches to the characterization of the main processes of Internet marketing. Highlighted communication, conversion processes and their limitations, which determine the need to consider monetization processes as an additional element in the hierarchical interaction of Internet marketing processes in small organizations. The specificity of the monetization processes of Internet marketing was determined, consisting in the economic synthesis of communication and conversion processes, which allows to consider the transformation of behavioral characteristics of target audience units on the websites of small organizations into cash flow from the Internet marketing activities of small organizations. The specifics of Internet marketing monetization process allowed us to present the characteristics and to determine the monetization models used by small organizations. And present the provisions characterizing the role of monetization processes in the Internet marketing activities of small businesses.

scholarly journals Success Strategies for Small Financial Planning Firms

2018 ◽  
Vol 17 (1) ◽  
Author(s):  
Joanne H. Snider ◽  
Kevin J. Davies
Keyword(s):  
Small Business ◽  
Professional Education ◽  
Financial Planning ◽  
Small Businesses ◽  
Success Factors ◽  
Data Gathering ◽  
Small Business Administration ◽  
Business Failure ◽  
Entrepreneurship Theory ◽  
Small Business Failure

Small Business Administration statistics indicate that 20% of small businesses fail within the first 2 years and 50% fail within 5 years. The purpose of this case study was to explore the success factors and strategies of 12 small business owners of independent financial planning firms who achieved profitability beyond 5 years. The conceptual framework was entrepreneurship theory and Porter’s five forces model of competitive strategy. The data gathering method included semistructured interviews and analysis of business artifacts such as websites and newsletters. Initial coding of the responses preceded an analysis of recurring patterns and themes. The major themes identified were: technical training is necessary but not sufficient for success; planners need training in business creation, operations, and marketing; differentiation is important and is achieved by specialization. Developing internet websites proved to be the most effective approach to attract new clients. These results provide information to people considering starting or maintaining a small business, providers of professional education and training, and business leaders seeking to improve recruitment and retention of financial planning employee retention. Implications for positive social change include providing information to policymakers who seek to support small businesses to mitigate small business failure rates, expand job creation, and provide sources for financial guidance for American employees.

Assessment of small businesses activities in Ukraine

2019 ◽  
pp. 40-47
Author(s):  
Igor Ponomarenko ◽  
Kateryna Volovnenko
Keyword(s):  
Comparative Analysis ◽  
Statistical Analysis ◽  
Small Business ◽  
Small Businesses ◽  
Government Agencies ◽  
Small Enterprises ◽  
The Subject ◽  
Business Entities ◽  
The Impact ◽  
Micro Enterprises

The subject of the research is a set of approaches to the statistical analysis ofthe activities of small business entities in Ukraine, including micro-enterprises. The purpose of writing this article is to study of the features of functioningof small business entities in Ukraine. Methodology. The research methodology isto use a system-structural and comparative analysis (to study the change in thenumber of small enterprises by major components); monographic (when studyingmethods of statistical analysis of small businesses); economic analysis (when assessing the impact of small business entities on socio-economic phenomena andprocesses in Ukraine). The scientific novelty consists to determine the features ofthe functioning of small businesses in Ukraine in modern conditions. The influenceof the activities of the main socio-economic and political indicators on the activities of small enterprises in recent periods of time has been identified. It has beenestablished that there is flexibility in the development of strategies by small businesses in conditions of significant competition, which makes it possible to quicklyrespond to changing situations in specific markets. Conclusions. The use of acomprehensive statistical analysis of small businesses functioning in Ukraine willallow government agencies to develop a set of measures to optimize the activitiesof these enterprises, which ultimately will positively affect the strengthening oftheir competitiveness and will contribute to the growth of the national economicsystem.

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