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International Journal for Research Trends and Innovation
International Peer Reviewed & Refereed Journals, Open Access Journal
ISSN Approved Journal No: 2456-3315 | Impact factor: 8.14 | ESTD Year: 2016
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Impact Factor : 8.14
Issue per Year : 12
Volume Published : 10
Issue Published : 115
Article Submitted : 19455
Article Published : 8041
Total Authors : 21252
Total Reviewer : 769
Total Countries : 144
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| Paper Title: | THE ROLE OF FINANCIAL MANAGEMENT IN STARTUPS SUCCESS FACTORS AND CHALLENGES |
| Authors Name: | Hema Prasath R , Kalaiarasi.H |
| Download E-Certificate: | Download |
| Author Reg. ID: |
IJRTI_189844
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| Published Paper Id: | IJRTI2405040 |
| Published In: | Volume 9 Issue 5, May-2024 |
| DOI: | |
| Abstract: | Financial management plays a significant role in determining a company's likelihood of success or failure. This essay looks at the significance of good financial management for new businesses, emphasising both typical obstacles and essential elements of success. The ever-changing and unpredictable environment in which startups operate emphasises how important it is to make prudent financial decisions. Success involves careful planning, risk assessment, cash flow management, and efficient resource distribution. The study underscored the importance of financial literacy and the need to enhance the availability of financial resources and education for aspiring young entrepreneurs. Many expressed the need for guidance and mentoring with relation to budgeting, investing strategies, and financial planning. The research article makes recommendations for resolving these problems, one of which is to encourage the use of alternative funding sources like venture capital, angel investors, and crowd sourcing portals. |
| Keywords: | Startup Finance Management; Unique Accounting Challenges; Cash Flow Volatility; Lack of Historical Data |
| Cite Article: | "THE ROLE OF FINANCIAL MANAGEMENT IN STARTUPS SUCCESS FACTORS AND CHALLENGES", International Journal of Science & Engineering Development Research (www.ijrti.org), ISSN:2455-2631, Vol.9, Issue 5, page no.268 - 272, May-2024, Available :http://www.ijrti.org/papers/IJRTI2405040.pdf |
| Downloads: | 000205068 |
| ISSN: |
2456-3315 | IMPACT FACTOR: 8.14 Calculated By Google Scholar| ESTD YEAR: 2016 An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.14 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator |
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Published Paper ID: IJRTI2405040
Registration ID:189844
Published In: Volume 9 Issue 5, May-2024
DOI (Digital Object Identifier):
Page No: 268 - 272 Country: Namakkal, Tamil Nadu, India Research Area: Management Publisher : IJ Publication Published Paper URL : https://www.ijrti.org/viewpaperforall?paper=IJRTI2405040 Published Paper PDF: https://www.ijrti.org/papers/IJRTI2405040 |
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ISSN: 2456-3315
Impact Factor: 8.14 and ISSN APPROVED,
Journal Starting Year (ESTD) : 2016
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