Methods for Assessing the Financial Activity of a Small Business Enterprise
Keywords:
small businesses, financial analysis, target groups, business value, business performanceAbstract
The paper is devoted to the financial analysis of factors affecting the efficiency of small businesses. To evaluate the activities of small businesses, it is necessary to apply different methods of economic and financial analysis, including the use of financial ratios to achieve various goals, since the result is important for a particular user of analytical work. The differentiation of analysis’s methods and evaluation from the point of view the interested groups is shown: managers, owners, partners and creditors. The characteristics of the assessing advantages the value of a business in terms of the management efficiency indicators are given. Recommendations aimed at increasing the value of a small business enterprise are given.
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