scholarly journals Knowledge acquisition and Financial Performance of Micro and Small Enterprises

Author(s):  
Joseph KipngenoKirui ◽  
Dr. Patricia Chepkwony ◽  
Dr. Willy K. Rugut
2021 ◽  
Vol 5 (02) ◽  
pp. 121-129
Author(s):  
Winbaktianur ◽  
Liesma Maywarni Siregar

SMEs is one of the basic forms of business stance developed from an individual or a group of people. In practice there has been a lot of support given to this business category even though the products or services is still small competing with medium and large businesses. Planning and control needs to be done which is the goal the main thing is to achieve the goal. Planning is made for facilitate the assessment or evaluation of business activities. Performance appraisal is important to see to what extent the business that is carried out has reached the goal, financial performance how much profit is obtained in a period. The purpose of this research is to discuss the importance of conducting a performance appraisal micro and small scale entrepreneurship. The method of this paper is library research. In discussion, it will describe what assessment is performance, performance appraisal factors and indicators as well as terminated with the benefit of doing a financial performance appraisal. Keywords: Micro and Small Enterprises, performance appraisal, entrepreneurship


2017 ◽  
Vol 12 (3) ◽  
pp. 221 ◽  
Author(s):  
David O. Obuya

This is a critical literature review on debt financing option and financial performance of Micro and small enterprises. Debt financing option for this review is evaluated in terms of trade credit, short-term loan and long-term loan. Whereas financial performance is evaluated using return on assets, current ratio and gross profit margin. The literatures reviewed include theoretical and empirical. The method used is the review of different articles, papers, and relevant previous studies where quantitative, descriptive, associative and predictive analyses were applied. As per the various literatures reviewed, conflicting findings were realized. A further study on whether effects of debt financing option on financial performance of Micro and Small Enterprises, depend on the power balance between business proprietors and financiers of enterprises, is recommended.


2019 ◽  
Vol 9 (1) ◽  
pp. 53-66 ◽  
Author(s):  
Dandan Irawan

Basically a natural partnership will achieve its goal if mutual requirements, mutual reinforcement, and mutual benefit can be maintained and made a strong fundamental commitment among partners. Nevertheless the development seems very slow. The cause is the presence of specific and different conditions and structure factors compared to other countries. Along with that, we still encounter various forms of gaps, such as inequality among regions, among income groups, between sectors, among economic actors, and so forth. The next problem is that in business entities including cooperatives and micro and small enterprises in running their business activities requires business partnerships with medium and large enterprises in order to improve business performance and business scale. While on the other hand our economic conditions and structures are not yet fully conducive to fostering partnerships based on purely business considerations or competitive market motivations but the business partnership of the foundation is strong enough in our country's constitution. Partnerships will work if partners are equally benefiting. Our concept of partnership is like that, although in the short term, there is a party or a party benefiting more from the other side.


2017 ◽  
Vol 3 (1) ◽  
pp. 43
Author(s):  
André Luiz Franco ◽  
Vera Mariza Henriques de Miranda Costa ◽  
Fábio Ferraz Junior ◽  
Tabajara Pimenta Junior

ResumoA importância das micro e pequenas empresas (MPE) pode ser notada pela relevante geração de riquezas e de empregos no Brasil. Contudo, os índices de insucesso e mortalidade para esse gênero de empresas são muito elevados e têm como um dos principais causadores a dificuldade no gerenciamento do capital de giro. A realização deste estudo teve como objetivo identificar e discutir os principais fatores, no âmbito da gestão de capital de giro, que prejudicam a continuidade das atividades das MPE industriais. A pesquisa envolveu uma coleta de dados com gestores de 55 MPE industriais.  Os resultados da pesquisa apontaram sete fatores mais importantes que interferem negativamente na gestão de capital de giro: formação inadequada dos gestores, acúmulo de atividade dos gestores, falta de planejamento financeiro, ausência de acompanhamento de indicadores de gestão, deficiência na gestão de estoque e produção, falta de condições de negociação com os fornecedores e restrições financeiras. Os resultados alcançados podem contribuir com a comunidade acadêmica e empresarial para ampliar a compreensão do que prejudica e dificulta a gestão de MPE, especialmente as que possuem atividade fabril. Palavras-chave: Capital de Giro; Micro e Pequenas Empresas; Mortalidade Empresarial.  AbstractThe importance of micro and small enterprises (SME) can be noticed by the relevant generation of wealth and jobs in Brazil. However, the rates of failure and mortality for this type of company are very high and have as one of the main causes the difficulty in the management of working capital. The objective of this study was to identify and discuss the main factors in the scope of working capital management, which hinder the continuity of the activities of industrial SME. The research involved a data collection with 55 industrial MPE managers. The research results pointed to seven major factors that negatively affect working capital management: inadequate training of managers, accumulation of managerial activity, lack of financial planning, lack of monitoring of management indicators, deficiencies in stock management and production, lack of negotiation conditions with suppliers and financial restrictions. The results achieved can contribute to the academic and business community to broaden the understanding of what harms and hinders the management of MSE, especially those that have factory activity. Keywords: Working Capital; Micro and Small Enterprises; Corporate Mortality.


2016 ◽  
Vol 5 (1) ◽  
Author(s):  
Manidipa Dasgupta

Micro and Small Enterprises (MSEs) [formerly Tiny and Small Scale Industries (SSIs)] are recognized as the main contributors in socio-economic advancement of any country especially the developing one like India. But due to some controllable and/or uncontrollable factors, MSEs cannot get themselves free from sickness. Sickness in MSEs expands its steps in all states in India amongst which West Bengal (WB) is specially notable mainly due to the continuous degradation of Micro and Small Engineering Enterprises of the then Birmingham/Sheffield of the East, Howrah. In WB, Howrah is considered to be the most incipient sickness-prone district for MSEs. Government effort to locate the probable causes of sickness of MSEs has exposed that in India, lack of demand of the product of MSEs in market is the most sever one, while in WB, marketing problem holds the maximum severity, followed by lack of demand which is also partially due to the marketing problem. The present paper aims at identifying how far the major responsible causes in marketing related area are liable in bringing about sickness in Micro and Small Engineering Enterprises.


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