Study on the Relationship between Formal Business Planning and SMEs: The Roles of Formal Planning in SMEs - Couverture souple

Chowdhury, Lutfun Nahar; Rijal, Anisha; Lamichhane, Prakash

 
9783844397604: Study on the Relationship between Formal Business Planning and SMEs: The Roles of Formal Planning in SMEs
Couverture souple
ISBN 10 : 3844397604 ISBN 13 : 9783844397604
Editeur : LAP LAMBERT Academic Publishing, 2011

Synopsis

The objective of this study was to identify the role of business planning in SMEs. Attempts were made to figure out why the business planning is used and to what extent the plannings are used by the entrepreneurs. In such case, studies were made to find whether the entrepreneurs use the business plan to achieve higher performance in their business or not. In the beginning hypothesis was made that a well developed plan leads to convenient access to finance and thereby improving the performance through various measures. To test the objective the authors extensively studied literature, journals and articles along with carrying out a telephone interview on a short number of specific questions. The analysis and conclusion were based on the literature and the interviews. The authors relied on a response of 8 SMEs between one to five years old to test the hypothesis. A positive relationship between business planning and bank finance was found in the study. But the data doesn't reveal that planning had any significantly direct relation with improving the performance of the business but it does have positive benefits.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

Présentation de l'éditeur

The objective of this study was to identify the role of business planning in SMEs. Attempts were made to figure out why the business planning is used and to what extent the plannings are used by the entrepreneurs. In such case, studies were made to find whether the entrepreneurs use the business plan to achieve higher performance in their business or not. In the beginning hypothesis was made that a well developed plan leads to convenient access to finance and thereby improving the performance through various measures. To test the objective the authors extensively studied literature, journals and articles along with carrying out a telephone interview on a short number of specific questions. The analysis and conclusion were based on the literature and the interviews. The authors relied on a response of 8 SMEs between one to five years old to test the hypothesis. A positive relationship between business planning and bank finance was found in the study. But the data doesn't reveal that planning had any significantly direct relation with improving the performance of the business but it does have positive benefits.

Biographie de l'auteur

Lutfun Nahar Chowdhury, Master of Science in Business & Economics: Studied Entrepreneurship & Business Innovation at Blekinge Institute of Technology (BTH), Sweden. Bachelor of Business Administration: Studied Finance & Economics at North South University, Bangladesh. Lecturer at Primeasia University, Bangladesh.

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
LAP LAMBERT Academic Publishing
Date d'édition
2011
Langue
anglais
ISBN 10 
3844397604
ISBN 13 
9783844397604
Reliure
Broché
Nombre de pages
72
Coordonnées du fabricant
non disponible
Personne responsable
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