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The use of financial management practices by small, medium and micro enterprises: a perspective from South Africa
(SAGE Publications, 2014)
This paper reports on an investigation of financial management practices used by small, medium-sized and micro-enterprises (SMMEs) in South Africa. It was found that more than half the SMMEs examined use external accounting ...
The effect of working capital management on profitability: The case of Small Medium and Micro Enterprises in South Africa
(Danubius Journals Platform, 2014)
Working capital is vital in any business, especially in SMMEs, given that most of their assets are in the form
of current assets. Management of working capital is vital in order to improve profitability of the business. ...