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Published April 14, 2021, 8:00 AM Every financial decision a manager or business owner makes affects the success or failure of an institution. This involves choices in the aspect of utilization of finances acquisition, sales, expansion, etc. Hence, sound financial decisions are crucial in effectively managing a business, including MSMEs. We must acknowledge however, that not all MSMEs are equipped with the right knowledge and understanding of financial management.  According to Dr. Alvin Ang, an economics professor from the Ateneo de Manila University, regardless of the size of an enterprise, the need for financial management is just the same. “It means understanding how funds come in and go out of the firm in its operations.  Financial management means that the firm knows how the company operates and understands what is/are needed to expand or stop or shift in order to sustain its profitability over time.  It may involve raising more capital, borrowing, or simply cutting ex

Calvin angAssistance to restart enterprisesSmall business corpNegosyo centersAteneo de manila universityFinancial literacyKapatid mentorSuccessful entrepreneurshipSmall businessRestart enterprisesஆல்வின் அங்உதவி க்கு மறுதொடக்கம் நிறுவனங்கள்சிறிய வணிக கார்ப்அடேநேோ டி மணிலா பல்கலைக்கழகம்நிதி கல்வியறிவுவெற்றிகரமாக தொழில் முனைவோர்