EFFICIENCY OF WORKING CAPITAL MANAGEMENT IN SMALL AND MEDIUM-SIZED ENTERPRISES (SMES)
DOI:
https://doi.org/10.55640/Keywords:
working capital, small and medium enterprises, financial management, liquidity, accounts receivable, inventory management, profitability.Abstract
This article analyzes the efficiency of working capital management in small and medium-sized enterprises (SMEs), its importance in ensuring financial stability, and its impact on business performance. The study highlights the structure of working capital, methods of its management, and the rational use of financial resources. The research demonstrates that effective management of cash, inventories, and accounts receivable contributes to increasing the profitability of small and medium-sized businesses. The article also provides recommendations for optimizing working capital, maintaining liquidity, and improving the efficiency of financial resource utilization.
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References
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