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Abstract

         One of the most difficult and problematic things to do as a small business owner is to make sure they are managing their money correctly. There is a fine balance one needs to determine when allocating funds to the different aspects of their business, and this balance varies from business to business. If they own a small business, chances are that they don’t have an abundance of extra money laying around for them to do whatever they like with. So they need to make sure that they are putting their money towards the right activities. Many businesses site their problems with growing revenue as directly related to being unable to capture funds from lending institutions because they are unable to grow with the business. For example, they need to hire employees but don’t have the funds, but without the addition of new employees, they are unable to serve their growing customer base, and therefore are unable to actually make a better profit. To gain basic knowledge and to assess the scope of the study the researcher went through many literatures, accessed many websites and also books and discussions with eminent peoples who are doing small businesses for several days. Also conducted direct observations and talk with small business owners in various part of the study area.

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