Managerial Finance: Volume 19 Issue 8

FUNDAMENTALS OF SMALL BUSINESS FINANCIAL MANAGEMENT FOR START UP, SURVIVAL, GROWTH, AND CHANGING ECONOMIC CIRCUMSTANCES

Paul Dunn, Leo Cheatham

In the life of a business, the lack of adequate liquidity to meet current obligations when they come due frequently results in problems which, more often than desirable, result in…

A MANAGEMENT AUDIT OF SMALL BUSINESS LONG‐TERM FINANCIAL AFFAIRS

Dale L. Flesher

Most small businesses today could probably benefit from a management audit of the firm's long‐term financial affairs. In large corporations, internal auditors generally have free…

CASH CONVERSION CYCLE AND FIRM SIZE: A STUDY OF RETAIL FIRMS

Jimmy D. Moss, Bert Stine

Many businesses are faced with liquidity problems for various reasons. This is especially true for small businesses, since most must operate with fewer sources of both short and…

UTILIZING FINANCIAL STATEMENTS AS CASH FLOW PLANNING AND CONTROL TOOLS

Leo Cheatham, Carole Cheatham

Evidence in the literature repeatedly points towards failure to understand cash flow shortages as a major problem of small business operators. Theoretically, they should be able…

A SURVEY TO IDENTIFY REASONS FOR DENIAL OF SMALL BUSINESS LOAN REQUESTS

Ray G. Jones, Theodor Kohers

One of the major concerns of small businesses today is adequate cash flow. Sometimes firms suffer from a negative cash flow, especially in the early years of their operation and…