Small Business Cash Management Practices
Open Access
- 1 October 1979
- journal article
- research article
- Published by SAGE Publications in American Journal of Small Business
- Vol. 4 (2) , 1-8
- https://doi.org/10.1177/104225877900400201
Abstract
Cash forecasting, investing, and controlling are three basic elements of a cash management program. Surveys of Fortune 500 firms reveal large firms having considerable sophistication in dealing with these cash management activities. Small-business practices probably differ from those of large firms due to time contraints, financial limitations, or lack of awareness. The following article reports on the cash management practices of 122 small businesses engaged in petroleum marketing. Although some deficiencies in cash forecasting and investing are noted, the small companies appear quite sophisticated in controlling their cash flows.Keywords
This publication has 1 reference indexed in Scilit:
- Cash Management for the Small and Medium Sized BusinessAmerican Journal of Small Business, 1978