Title: Examining the financial profile of Smaller Manufacturing Enterprises (SMEs)

Authors: Kee S. Kim, A. Craig Keller, Ronald R. Bottin

Addresses: Finance Department, Missouri State University, 901 S. National Ave., Springfield, MO 65897, USA. ' School of Accountancy, Missouri State University, 901 S. National Ave., Springfield, MO 65804, USA. ' School of Accountancy, Missouri State University, 901 S. National Ave., Springfield, MO 65804, USA

Abstract: The financial profiles of Smaller Manufacturing Enterprises (SMEs) are examined in this paper. The primary purpose of the paper is to better understand the innovation process and improve the immediate and future product offerings by the SMEs to compete more effectively in the marketplace. The study results indicate that the SMEs do not have the adequate financial experience and resources for commercialising their products and that they need more detailed financial planning starting at the earliest stage of the premarket period.

Keywords: small and medium-sized enterprises; manufacturing SMEs; financial profiles; mass merchandisers; financial planning; commercialisation.

DOI: 10.1504/IJESB.2009.024382

International Journal of Entrepreneurship and Small Business, 2009 Vol.8 No.2, pp.292 - 307

Published online: 02 Apr 2009 *

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