Study on the Relationship between Formal Business Planning and SMEs : The Roles of Formal Planning in SMEs

Language: English

Published by LAP LAMBERT Academic Publishing, 2011

3844397604 / 9783844397604

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nach der Bestellung gedruckt Neuware - Printed after ordering - The objective of this study was to identify the role of business planning in SMEs. Attempts were made to figure out why the business planning is used and to what extent the plannings are used by the entrepreneurs. In such case, studies were made to find whether the entrepreneurs use the business plan to achieve higher performance in their business or not. In the beginning hypothesis was made that a well developed plan leads to convenient access to finance and thereby improving the performance through various measures. To test the objective the authors extensively studied literature, journals and articles along with carrying out a telephone interview on a short number of specific questions. The analysis and conclusion were based on the literature and the interviews. The authors relied on a response of 8 SMEs between one to five years old to test the hypothesis. A positive relationship between business planning and bank finance was found in the study. But the data doesn't reveal that planning had any significantly direct relation with improving the performance of the business but it does have positive benefits.…

Seller Inventory # 9783844397604

Title
Study on the Relationship between Formal Business Planning and SMEs : The Roles of Formal Planning in SMEs
Author
Lutfun Nahar Chowdhury
Publisher
LAP LAMBERT Academic Publishing
Publication year
2011
Condition
Neu
Binding
Taschenbuch
Language
English
ISBN 10
3844397604
ISBN 13
9783844397604
Item weight
125 grams
Dimensions
220x150x5 mm

AHA-BUCH GmbH

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