Financial planning and control systems : essential tools to increase the survival rate of micro and small manufacturing enterprises in the Tshwane metropolitan area
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Authors
Berry, Pamela Ruth
Issue Date
2011-02
Type
Dissertation
Language
en
Keywords
Budgeting , Financial education , Financial planning and control systems , Survival of MSEs , MSEs
Alternative Title
Abstract
The use of financial planning and control systems is one of the factors that influence the survival of small businesses. The purpose of this study was to determine whether the use of financial planning and control systems contributes to the survival of manufacturing MSEs in the Tshwane metropolitan area.
The development and use of financial planning and control systems in MSEs was investigated. Manufacturing MSEs were asked to disclose the financial planning and control systems being utilised.
Respondents indicated that they use some form of financial planning and control, be it, on a formal or informal basis. Most of these firms had been operating for a number of years suggesting that the use of financial planning and control systems, inter alia, contributes to the survival of an entity. The more modern financial planning and control systems are not readily used by manufacturing MSEs, but could be beneficial to their survival.
Description
Citation
Berry, Pamela Ruth (2011) Financial planning and control systems : essential tools to increase the survival rate of micro and small manufacturing enterprises in the Tshwane metropolitan area, University of South Africa, Pretoria, <http://hdl.handle.net/10500/4711>