Finance and the Small Firm by Alan Hughes

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Summary

This collection examines issues in the financing of small businesses and suggests ways of improving the lender-business relationship. It breaks down small firms into specific types: the micro firm; the "high-tech" small firm; and the small firm owned by an individual from an ethnic minority.

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Finance and the Small Firm by Alan Hughes

This edited collection examines key issues in the financing of small businesses. The premise is that there are imperfections in the market for the provision of finance for small firms. Excessive dependence upon short-term facilities such as loans and overdrafts has inhibited more long-standing relationships between small firms and providers of finance. The contributors call for changes which would solve this current imbalance. They suggest that small firms need to become more professional in their financial management, with owners more prepared to share equity. Financial institutions need to rely less on collateral and concentrate more on making informed judgements about the qualities of each business. In this volume, small firms are are broken down into specific types: the micro firm; the "high-tech" small firm; and the small firm owned by an individual from an ethnic minority.
SKU Unavailable
ISBN 13 9780415100366
ISBN 10 0415100364
Title Finance and the Small Firm
Author Alan Hughes
Series Small Business
Condition Unavailable
Binding Type Hardback
Publisher Cengage Learning EMEA
Year published 1994-08-11
Number of pages 352
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.