Impact of cash Management on Sustainability and profitability of SMEs in Somalia
ABSTRACT SMEs are essential for employment and job creation in Somalia. Sound money management practices are essential to ensuring the profitability and sustainability of a successful business. The commonly used expression "cash is king" is no longer up for debate as its validity has become more pronounced in this research study. The purpose of this study was to identify the current cash management practices of manufacturing small and medium enterprises in Hargeisa and to determine the impact of these practices on profitability and sustainability.
Publication Details
- Journal
- Zenodo (CERN European Organization for Nuclear Research)
- Published
- 2025-02-27
- DOI
- https://doi.org/10.5281/zenodo.14937201
- Primary Topic
- Working Capital and Financial Performance
- Type
- article
- Field-Weighted Citation Impact
- 0.00