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Comprehensive Strategic Directions For Increasing Financial Stability In Small Enterprises

Authors

  • Abduvosit Amonboyev

    Head of the HR Department of the Andijan Branch of Kokand University
    Author

Keywords:

financial stability, small businesses, cash flow management, diversification, risk management, financial planning, sustainability.

Abstract

Small businesses face numerous challenges in maintaining financial stability due to limited resources, market volatility, and insufficient managerial expertise. These issues often manifest in inadequate cash flow management, restricted access to financing, poor financial planning, and vulnerability to external shocks. This thesis explores the main problems hindering financial stability in small businesses and proposes practical solutions to address them. Strategies such as improving financial literacy, diversifying revenue streams, adopting modern technologies, implementing cost control measures, and strengthening risk management are discussed as essential approaches to enhance resilience, ensure profitability, and sustain long-term growth.

References

Brigham, E. F., & Ehrhardt, M. C. (2016). Financial management: Theory & practice (15th ed.). Cengage Learning.

OECD. (2017). Enhancing the contributions of SMEs in a global and digitalised economy. OECD Publishing.

Scarborough, N. M. (2014). Essentials of entrepreneurship and small business management. Pearson Higher Ed.

World Bank. (2020). Small and Medium Enterprises (SMEs) finance. World Bank Publications.

Zimmerer, T. W., Scarborough, N. M., & Wilson, D. (2008). Essentials of entrepreneurship and small business management. Pearson Prentice Hall.

Arslanova, G., & Karimov, S. (2021). Public investment management and fiscal risk in Central Asia. Journal of Eurasian Economics, 12(3), 145–168.

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Additional Files

Published

2025-08-12

How to Cite

Amonboyev, A. (2025). Comprehensive Strategic Directions For Increasing Financial Stability In Small Enterprises. International Conference on Global Trends and Innovations in Multidisciplinary Research, 1(2), 23-25. https://tlepub.org/index.php/2/article/view/180