Financial management practices of indian small and medium enterprises (SME): A study of food processing sector

The Small and Medium Enterprises in India have emerging sturdily and contributed to creating employ opportunity, growing GDP, and nurturing the nation's volume of exports. However, Small and Medium Enterprises have found problems on the way to expansion due to lack of management involvement and effective Utilization of the financial possessions, and due to ambiguity within the business atmosphere. As per the preceding Studies, SMEs often faced complications during their procedures. This project report will be inspects the association between financial management and profitability of Small and Medium Enterprises to control whether financial management practices and financial characteristics impact on Small and Medium Enterprises Growth and Performance. The main determination of this paper are (1) to examine and designate landscapes of financial management performs and financial features of SMEs in India, (2) to progress and examination a model of SME Development and Presentation, and (3) to subsidize information of the associations between financial management and appearances to advance SME profitability by using tools of competent financial management. This paper will provide many insinuations for financial management practices and contributes to information of financial management of Indian SMEs. The exemplary of SME financial Management Observes can be used as direction for movements to increase the profitability of SMEs in India.