This book provides a framework for understanding micro small and medium sized enterprises
(MSMEs) as important contributors to economic growth. By examining the economic and investment
decisions behind these businesses the author shows how managers of MSMEs can add value to the
firm by applying managerial finance tools. Early chapters establish the basic tenets of new
venture development and financing and explore the economic environment that business-owners
inhabit focusing on venture capital microfinance intervention and public sector
interventions. Later chapters guide the reader through the process of financial planning and
forecasting and valuation finishing with insights into how to harvest investments and make
sound financial decisions. The book has interdisciplinary appeal and offers a timely
consideration of MSMEs in developing economies. It will be valuable reading for all interested
in the management and development of small businesses the finance of entrepreneurship and
policy affecting small and medium sized enterprises.
