Cash Flow Management Utilization and Performance of Small Medium Enterprises (SMEs) in Uganda: A Case Study of Selected Business Enterprises in Kitumba Sub-county Kabale District.
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Date
2023
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Publisher
Kabale University
Abstract
This study was carried out on cash flow management utilization and performance of Small and Medium Enterprises (SMEs) in Uganda. A case study of selected business enterprises in Kitumba Sub-county Kabale District. it was guided by specific objectives which were; to establish the importance of cash flow management Utilization in SMEs in the Kitumba Sub-county Kabale district. to examine Cash flow management utilization challenges in SMEs in Kitumba Sub-county Kabale district and to propose how cash flow management in SMEs can be improved in Kitumba Sub-county Kabale district. The research was a cross-sectional study that was both qualitative and quantitative and it used a sample of 30 respondents selected from different SMEs such as Bakeries, Internet Services, Shops, Restaurants, Welding and carpentry, and Drug Shops that operate in the Kitumba Sub-county. Both interview and questionnaire methods were used to collect data from primary and secondary sources and the study findings indicated The importance of cash flow management Utilization in SMEs in Kitumba Sub-county Kabale district and the point that cash flow management utilization increases the Market for inputs and outputs, Also on the Self-employment. and increase Food production, Cash flow management utilization challenges where discussed and On Limited Business skills. Also Hazards such as bad debt. fraud and risks and limited working capital. How cash flow management in SMEs can be improved, monitoring the performance of the business, Minimizing costs, and ensuring business growth. Acting with a great degree of integrity in the execution of their role to ensure the growth of our business, Upholding ethical issues in all management decisions, Following Debtors to ensure payment within an agreed time, and finally the study recommended that Business Enterprises should employ qualified staff so that financial management is handled with care to improve on the profitability and the government should support business enterprises institutions by providing loans on low Intrest, giving tax holidays among others so that businesses do not overstrain the budget.
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Keywords
Cash Flow Management, Utilization, Performance, Small Medium Enterprises (SMEs), Uganda, Selected Business Enterprises, Kabale District
Citation
Twongyeirwe, Marion (2023). Cash Flow Management Utilization and Performance of Small Medium Enterprises (SMEs) in Uganda: A Case Study of Selected Business Enterprises in Kitumba Sub-county Kabale District. Kabale: Kabale University.