EVALUATION OF THE FINANCIAL RESOURCES OF SMALL AND MEDIUM ENTERPRISES IN HANOI

Abstract

According to Le (2016), capital plays a very important role for firms and is an indispensable element of every business process. If firms want to survive and develop, they must pay attention to the issues of creating, managing, and using capital effectively to bring in more profits. How will a firm optimize the structure of their capital or financial resources to ensure the highest efficiency?This article measures, analyzes, and compares respondents' assessments of the financial resources of small and medium-sized enterprises, studying a case in Hanoi. Results of analyzing 240 enterprise survey samples in Hanoi's main production and business sectors with qualitative and quantitative research methods show that the financial resources of small and medium-sized enterprises in Hanoi are quite high.There is a statistically significant difference in the financial resources of small and medium enterprises in Hanoi between these different academic levels. There is no statistically significant difference in the financial resources of small and medium enterprises in Hanoi between these different genders, ages, business operating times, and main business sectors.