scholarly journals The Art of Managing Small Business - Interdeco - A Case Study

Author(s):  
R. Krishnakumar

<p><em>Ram Shetty started his business in 2005 in a small way which grew up to be a big business. He was into the business of bidding through contracts for nationalised banks to erect ATM structures. His business turnover grew from a humble Rs 20 Lakh to be a 6 00Lakh business within a span of 6 years by 2012. Although his business grew he faced a problem which most start ups face. He was having a cash crunch in managing his say to day operations. This is normally an issue of working capital management. Dr Ramesh a consultant was roped in and he was from academia and had done a few consulting projects ,but he was not able to identify the issue and provide a solution to Mr Shetty, although he had recognised that things were not moving in the right direction. Dr Ramesh had been a consultant for the firm for almost three long years. My assistance was sought to probe the whole issue and provide a solution.</em></p>

Author(s):  
Milan Branko Vemic

The chapter explores whether and to what extent a systemic approach to optimal management of working capital stemming from database wisdom exists in medium enterprises in Serbia as a transition economy. The chapter portrays the level of optimization of all key components of working capital management and addresses indispensable strategic directions for Serbian entrepreneurs and managers that could have broader application in transition context. Ultimately, the chapter explores how to achieve better and more effective results in the development of medium enterprises by optimizing database wisdom for working capital management. As a research paper, the chapter reviews the experiences from Serbia and compares them with achievements in other transition and more advanced economies. In a case study undertaken in Serbia with semi-structured interviews in medium-sized enterprises, the author examines the specific preconditions for increasing the current perceived inefficient use of working capital and extend for discussion an optimization model based on tested hypotheses.


Author(s):  
Ita Nuryana, Margunani, Suwito Eko Pramono

<p><em>Lack of knowledge about working capital management caused the sustainability of start-ups in UNNES area is still being low. It resulted that manager of start-ups are difficult to develop themselves. Therefore, it need for training to improve the skills in making good financial, so the sustainability of start-ups is reached. To increase of the existence and sustainability of start-ups are also required the reinforcement of working capital management by manager of the start-up. Then, focus of devotion is the owner and manager of the start-ups in UNNES area that gathered in HIPMI PT UNNES. Purpose of this devotion is improving and making good working capital management for the sustainability of start-up. Participants in this devotion 25 people. Procedure in this devotion is carried out by delivering of material on working capital management. In supporting of devotion, the dedication team arranges the module of working capital management. Outcome of this devotion is creating that the manger of the start-up can continue their start-up, so it can reduce the number of unemployment.</em></p>


2015 ◽  
Vol 91 (2) ◽  
pp. 86-93 ◽  
Author(s):  
Farrukh Shahzad ◽  
◽  
Zeeshan Fareed ◽  
Bushra Zulfiqar ◽  
◽  
...  

Author(s):  
Kaushika Gamage ◽  
Vilani Sachitra

Business organizations try to maintain financial sustainability in the long run and ultimately try to maximize shareholders’ wealth. It has been argued that financial constraints in short term are a major barrier to the firms’ long term financial success. Working capital has seen as the basic factor that affect firm’s ability to continue their day-to-day business operations with financial stability. This case study mainly focuses on examining the reasons for working capital management issues faced by the Campus and the relationship between working capital and firm’s financial performance. This study is mainly focusing on working capital problems faced by a private Campus that operates in Sri Lankan educational sector. Required qualitative data gathered through semi-structured face to face interviews with financial experts and the quantitative data gathered using annual financial statements for last six years. Panel data regression was performed to identify the relationship between working capital management and financial performance. Qualitative data was analyzed using content and thematic analysis. Based on the regression results, average collection period, average payment period and cash conversion cycle have significant relationship over return on assets and net profit margin of the Campus. Five major themes were recognized in the thematic analysis which contained distinct subthemes. As the existing research articles lack the working capital management issues faced by the organizations in private education industry, this can be considered as an opportunity to perform an empirical study on working capital management issues faced by a private campus.


2013 ◽  
Vol 5 (4) ◽  
pp. 226-236 ◽  
Author(s):  
Laura A. Orobia

The purpose of this study is to examine gender differences on the effect of individual attributes on working capital management amongst small business owners. Based on a sample of 360 owner-managers of small businesses in the central business district of Kampala, the results show as follows. There are significant gender differences in perceived usefulness and attitude. Secondly, males and females do not statistically differ in terms of impulsivity. Thirdly, perceived usefulness significantly influences working capital management for females but not males. Fourthly, attitude significantly influences working capital management for males but not females. Lastly, the effect of impulsivity on working capital management is stronger for females than males. However, paucity of studies on the input perspective of working capital management limited crossvalidation of the findings with previous research. Future studies should be conducted to confirm the results. At policy level, understanding gender differences on the effect of the identified driving forces should be of interest to practitioners and policy makers in their effort to enhance small business management through developing appropriate gendered policies. This study contributes to the dearth of evidence of working capital management literature by investigating the effect of individual attributes as opposed to the conventional financial ratios.


Sign in / Sign up

Export Citation Format

Share Document