Explain the financial management of small scale industries
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it is The management of The current asset and liability of The firm .often The financial Manager in small scale buisness has to ensure effective working capital and prevent insolvency and liquidity problem in The firm.
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"In small scale industry, finance management is very important to run the company without any financial problem in the existing and for coming months and years.
They must have proper planning in Working capital Management, Current Assets, Routine Finance function, Liabilities, maintenance of income revenue and expenses balance sheets, various problems arise due to damages.
They have a proper plan in Estimating finance requirements, Rising of finance, proper use, and control of finance.
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