scholarly journals Cash Flow Management and Sustainability of Small Medium Enterprises (SMEs) in Northern Uganda

2015 ◽  
Vol 1 (03) ◽  
Author(s):  
Gilbert Uwonda ◽  
Nelson Okello
Keyword(s):  
Cash Flow ◽  
Poverty Reduction ◽  
Cross Sectional Study ◽  
Northern Uganda ◽  
Cross Sectional ◽  
Flow Management ◽  
Cash Flow Management ◽  
Budgetary Control ◽  
Small Medium Enterprises ◽  
Medium Enterprises

In Uganda SMEs are viewed as seedbeds for growth of new firms and vehicles for poverty reduction. Deterioration in growth and failures in SMEs have been linked to poor cash flow management, This study sought to examine how cash flow management influences sustainability SMEs in Northern Uganda. The research adapted a cross sectional study. A sample of 120- SMEs was selected using stratified sampling. Self administered questionnaires, designed for this study, were filled in by SME managers and the data analyzed using frequency tables, custom tables, Correlation Analysis and Multiple Logistic Regression. The study revealed limited application of cash flow management by SMEs in Northern Uganda, especially cash flow projection; tax planning; budgetary control and interpreting financial statements. As a result the study noted that most SMEs had declining levels of long-term solvency and growth. Finally the study established that cash flow control and monitoring had significant influence on the sustainability of SMEs.

scholarly journals ADJUSTING A STRATEGIC CASH-FLOW MODEL FOR BANGLADESHI SMALL AND MEDIUM ENTERPRISES: THE ART OF SURVIVING COVID-19 EMERGENCY

2020 ◽  
Vol S.I. (1) ◽  
pp. 194-213
Author(s):  
Ariful Islam ◽  
◽  
Adil Mansoor ◽  
Mostafizur Rahman ◽  
Sazali Abd Wahab ◽  
...  
Keyword(s):  
Cash Flow ◽  
Small And Medium Enterprises ◽  
Group Discussion ◽  
Variable Cost ◽  
Flow Management ◽  
Cash Flow Management ◽  
Use Of Technology ◽  
Data Collection Process ◽  
Short Period ◽  
Medium Enterprises

Purpose: In a very short period, the worldwide pandemic sparked by the COVID-19 has not only taken multiple lives but has also imposed extreme restrictions on both the private and business activities. The purpose of the study at this point is to provide a broader interpretation of how a flexible cash-flow structure of various strategic interventions will enable Bangladeshi SMEs to endure through the emergency. Design/Methodology/Approach: The study has embraced a qualitative approach on basis of online focus group discussion with the support of a professional facilitator. The data collection process includes 09 participants from various fields, such as Academia, SMEs, Media, and NGOs. Findings: Because SMEs are operating in uncertain conditions, the analysis from the discussions suggests that an adjustable integration of various ranges of cash-flow management initiatives, such as cash flow targets, clear payment terms, use of technology, revisit variable cost, extend payables, and government schemes can help SMEs to endure throughout this turbulent time. Research limitation: Prior empirical attempts are subsequently required to inquiry about the proposed model for SMEs from different perspectives. Also, besides, a smaller sample size creates an issue with generalizability. The moderator, intentionally or inadvertently, may inject his personal biases into the participants' exchange of ideas. Practical implications: The formulated model provides recommendations for SMEs and on how to remain competitive through resilience and renewal strategies. Originality/Value: This article is the first to configure a strategic cash-flow management model for Bangladeshi SMEs to harness the entrepreneurial potential of the pandemic.

Contractors’ perceptions of the effects of cash flow on construction projects

2019 ◽  
Vol 18 (2) ◽  
pp. 308-325
Author(s):  
Emmanuel Dele Omopariola ◽  
Abimbola Windapo ◽  
David John Edwards ◽  
Wellington Didibhuku Thwala
Keyword(s):  
Cash Flow ◽  
Construction Projects ◽  
Geographical Location ◽  
Cash Flows ◽  
Cross Sectional ◽  
Flow Management ◽  
Content Type ◽  
Cash Flow Management ◽  
Flow Problems ◽  
Positive Cash Flow

Purpose This paper aims to evaluate Nigerian contractors’ perceptions regarding the effects of positive and negative cash flow during construction projects, with a view to establishing effective strategies for cash flow management. Design/methodology/approach A desktop-based literature review is used to develop a cross-sectional questionnaire survey which uses Likert items to elicit responses from construction professionals on: the reasons for cash flow problems; the impacts of negative and positive cash flow; and the potential solutions for improving cash flow on construction projects. Findings The study finds that delay in payments, difficulty in obtaining financial aid and inadequate budgetary control are the causes of cash flow problems during construction projects. Cumulatively, these issues result in project delays, reduced profit margins and in the worst scenarios, abandoned projects. Originality/value There has been limited research into the effects of positive and negative cash flows on construction projects in Nigeria and indeed, the wider geographical location of West Africa. This study addresses this observed dearth and consequently advances methods and solutions to deal with the problem of poor cash flow management in the Nigerian construction industry.

LATE AND NON-PAYMENTS ISSUES IN THE MALAYSIAN CONSTRUCTION INDUSTRY: PERSPECTIVE OF BUILDING MATERIAL SUPPLIERS

2020 ◽  
Vol 6 (1) ◽  
pp. 39
Author(s):  
Mohd Fisal Ishak ◽  
Kartina Alauddin ◽  
Mohd Shahrol Hafiz Ibrahim
Keyword(s):  
Construction Industry ◽  
Cash Flow ◽  
Financial Management ◽  
Building Material ◽  
Building Materials ◽  
Management Team ◽  
Flow Management ◽  
Cash Flow Management ◽  
Main Effect ◽  
Klang Valley

Payment in the Malaysian construction industry has generally been an issue of concern. Late and non-payment problem is endemic in construction and needs to be addressed. The aim of this study is to investigate the issues related to late and non-payment based on the building materials suppliers’ perspective. Questionnaires were distributed to suppliers of building materials in the Klang Valley. Findings from the study shows the main cause of late and non-payment is the paymaster’s poor financial management while the main effect of late and non-payment is problem with the cash flow.  The most recommended possible solution to cope with the issue is for the paymaster to conduct training on financial and cash flow management to the management team in the company.  

Construction Cash Flow Management System

1976 ◽  
Vol 102 (4) ◽  
pp. 615-627
Author(s):  
Kenneth F. Reinschmidt ◽  
Walter E. Frank
Keyword(s):  
Cash Flow ◽  
Management System ◽  
Flow Management ◽  
Cash Flow Management

THEORETICAL AND METHODOLOGICAL PRINCIPLES OF CASH FLOWS OF ENTERPRISES

2017 ◽  
Author(s):  
Roman Greshko ◽  
◽  
Violetta Kharabara ◽  
Olena Tretyakova ◽  
◽  
...  
Keyword(s):  
Cash Flow ◽  
Cash Flows ◽  
Management Policy ◽  
Flow Management ◽  
Financial Investment ◽  
Cash Flow Management ◽  
Goods And Services ◽  
Methodological Approaches ◽  
Conducting Research ◽  
Methodological Principles

Efficient management of cash flows of the enterprise provides predict activities in a modern organization. The issue of ensuring balancing and synchronization of outflow and inflow of cash and their equivalents is important for any enterprise. The urgency of the study greatly increases in conditions of complex economic processes that create significant risks and difficulties in conducting a balanced cash flow management policy. The purpose of this study is to substantiate the theoretical and methodological principles of management of cash flows of the enterprise, which provides for the determination of the content of the concept of cash flows, their types and classification, as well as the formulation of methodological approaches to the management of cash flows of the enterprise. The theoretical basis for conducting research is the work of domestic and foreign scientists who studied the issue of managing the cash flows of the enterprise. In the course of the study of theoretical and methodological bases of management of cash flows of the enterprise, economic content and value of cash flows of the enterprise are determined. In the course of studying the approaches of various scholars, the proper definition of cash flows, which characterizes them as the receipt and payment of highly liquid assets of the enterprise within the framework of financial, investment and current activities of the enterprise, is formulated in order to ensure uninterrupted production, sales and other work, which leads to a change in the amount on the current account in the bank and the balance in the box office. Also in the article, methodological approaches to managing cash flows of enterprises that provide for quality accounting and collection of information on funds, analysis of preliminary management experience, substantiation of optimization measures, drawing up a payment calendar for the next year, control over the implementation of a substantiated cash flow management policy. Measures are determined to balance cash flow due to leasing, use of leasing, buying, emission or sale of corporate bonds or other securities, changing the policy of selling goods and services.

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