Evaluation of the Critical Causes of Financial Instability in Small and Medium Enterprises

Mohammad A Shahzad

Abstract

Financial crises present a significant challenge for managers and enterprises. The primary objective of this research paper is to evaluate the root causes of financial instability in small and medium-scale enterprises (SMEs). Financial crises leave the companies with insufficient financial resources, hindering their ability to adapt and overcome the ensuing crisis. This paper aims to systematically evaluate potential factors influencing the financial situation of SMEs. Additionally, it will provide relevant insights to enrich the analysis and propose practical recommendations to address these challenges and enhance the resilience of SMEs in the face of financial instability.

Keywords    SME, Financial Constraints, SME Failure, Business Planning, Instability Factors, Causes & Reasons of Failure

Journal   IOARP Journal of Business and Management
Volume   Volume 3
Issue   Issue 1, December 2023
Date Published   December 2023
Published in   IOARP Journal of Business and Management
Date Appeared in GDL   15 January 2024

Pages   7
Global Digital Library Number   GDL-IOARP-JBM03-005
ISSN  
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