DOIONLINE 
DOIONLINE Publish In |
International Journal of Management and Applied Science (IJMAS)-IJMAS |
 Journal Home Volume Issue |
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Issue |
Volume-3,Issue-7 ( Jul, 2017 ) | |||||||||
Paper Title |
Financial Management in Mauritian SMES | |||||||||
Author Name |
Akshay Seedoyal, Bhavish Jugurnath, Hema Soondram, Hisha Ramessur | |||||||||
Affilition |
Faculty of Law and Management, University of Mauritius | |||||||||
Pages |
68-72 | |||||||||
Abstract |
Using online and postal complemented by self-administered questionnaires, primary data were gathered from 96 SMEs in Mauritius to assess the financial management of SMEs in Mauritius. The study reveals that 44.8% of entrepreneurs had poor financial management knowledge, the result of which they faced difficulties managing their business and their activities were very disturbed. A relationship was also established between financial management and financial data such as turnover, age of SME owners and its costs. This study is original in the sense that it focusses wholly on the financial management of entrepreneurs in Mauritius and acts as policy decision for policy makers and SMEs. Index Terms- Financial Management, Mauritius, SMEs, Techniques. | |||||||||
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