Financial Management Practices and Small- Scale Businesses' Profitability, from the Viewpoint of Kabale Municipality, Uganda

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dc.contributor.authorEton, Marus
dc.contributor.authorFabian, Mwosi
dc.contributor.authorEliab, Byamukama Mpora
dc.date.accessioned2023-02-03T05:46:08Z
dc.date.available2023-02-03T05:46:08Z
dc.date.issued2023-01-10
dc.description.abstractPurpose: The study's goal was to investigate how financial management practices impact small businesses' profitability. Research methodology: Descriptive and correlational research designs were used in the study. The study used a multi-regression analysis to estimate how financial management practices impact profitability. Results: The research showed that financial management strategies had a big effect on profitability. Management of working capital and cash has a substantial correlation with profitability, according to the evidence. The study suggests that in order to see improvements in their profitability levels, small businesses should establish strong financial management methods. Owners of small businesses must pay close attention to the dynamics of their working capital and cash management because these factors have a significant impact on their profitability levels. To balance operating costs and profitability, small firms should think about cost-cutting measures. Limitations: This study was only conducted within Kabale Municipality and future studies should be conducted in the entire region. Contribution: The study identified a trio of factors – operational expenses, microeconomic factors, and individual characteristics that constrain profitabilityen_US
dc.description.sponsorshipKabale Universityen_US
dc.identifier.issn2685-7715, Vol 3, No 3, 2022, 165-178
dc.identifier.urihttp://hdl.handle.net/20.500.12493/946
dc.language.isoenen_US
dc.publisherAnnals of Management and Organization Research (AMORen_US
dc.rightsAttribution-NonCommercial-NoDerivs 3.0 United States*
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/us/*
dc.subjectFinancial Management Practicesen_US
dc.subjectCash Managementen_US
dc.subjectWorking Capital Managementen_US
dc.subjectProfitabilityen_US
dc.subjectSmall Scale Enterprisesen_US
dc.titleFinancial Management Practices and Small- Scale Businesses' Profitability, from the Viewpoint of Kabale Municipality, Ugandaen_US
dc.typeArticleen_US

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Eton, M., Mwosi, F., & Mpora, E. B. (2022). Financial Management Practices and Small-Scale Businesses' Profitability, from the Viewpoint of Kabale Municipality, Uganda, Annals of Management and Organization Research, 3(3), 165-178.
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