Financial Management Challenges in SMEs

This assignment discusses the financial management challenges faced by small and medium-sized enterprises (SMEs) from a strategic management perspective. It covers various aspects of financial management, including budgeting, forecasting, cash flow management, and risk assessment. The assignment provides an in-depth analysis of the challenges SMEs face in managing their finances effectively and offers practical solutions to overcome these challenges. It also highlights the importance of adopting a strategic approach to financial management in SMEs, which can help them achieve long-term success and sustainability.