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The Perceptions of Small Businesses in the Implementation of Cash Management Techniques

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  • Avika Mungal

Abstract

The purpose of this paper is to ascertain the perceptions of small business owners on the implementation of cash management techniques in their businesses. This paper also highlights the importance of managing cash inflow and outflow in the business and examines the impact on business profitability and sustainability. The study focused on small businesses in the Tongaat area, South Africa. This research was quantitative, descriptive and cross-sectional in nature. The instrument used to extract the relevant data from respondents was a Likert type questionnaire. The findings of this research identified the perceptions of small business cash management techniques. A short course on cash management could be offered by the Durban University of Technology to small business owners and managers to enhance their basic cash management knowledge in the implementation of cash management techniques.

Suggested Citation

  • Avika Mungal, 2014. "The Perceptions of Small Businesses in the Implementation of Cash Management Techniques," Journal of Economics and Behavioral Studies, AMH International, vol. 6(1), pages 75-83.
    • Handle: RePEc:rnd:arjebs:v:6:y:2014:i:1:p:75-83
    DOI: 10.22610/jebs.v6i1.471
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    Cited by:

    1. Oscar Chakabva & Robertson Tengeh & Job Dubihlela, 2021. "Factors Inhibiting Effective Risk Management in Emerging Market SMEs," JRFM, MDPI, vol. 14(6), pages 1-12, May.
    2. Panita Rachapaettayakom & Mongkolchai Wiriyapinit & Nagul Cooharojananone & Suparatana Tanthanongsakkun & Nuttirudee Charoenruk, 2020. "The need for financial knowledge acquisition tools and technology by small business entrepreneurs," Journal of Innovation and Entrepreneurship, Springer, vol. 9(1), pages 1-28, December.
    3. Ainon Ramli & Liafisu Sina Yekini, 2022. "Cash Flow Management among Micro-Traders: Responses to the COVID-19 Pandemic," Sustainability, MDPI, vol. 14(17), pages 1-21, September.
    4. Almaree KEMP & Anthea BOWMAN & Berenice BLOM & Charl VISSER & Danelle BERGOER & Dominique FULLARD & Geraldine MOSES & Sheri-Lee BROWN & Johan BORNMAN & Juan-Pierré BRUWER, 2015. "The Usefulness of Cash Budgets in Micro, Very Small and Small Retail Enterprises Operating in the Cape Metropolis," Expert Journal of Business and Management, Sprint Investify, vol. 3(1), pages 1-12.

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