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IJMTJuly 2013Volume 3, Issue 7ISSN: 22491058___ FINANCIAL CONSTRAINTS OF SMALL AND MEDIUM ENTERPRISES: A CASE STUDY OF KISUMU COUNTY, KENYA Kunga Andrew Onyango Mungao Ruth Achieng Abstract The objective
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Financial constraints of small businesses refer to limitations that restrict their ability to access capital, invest in growth, or manage operational costs effectively.
Small businesses that meet specific criteria set by regulatory bodies, usually based on revenue or the number of employees, are required to file financial constraints.
To fill out financial constraints, businesses typically need to complete specified forms provided by regulatory agencies, detailing income, expenses, liabilities, and other financial metrics.
The purpose is to assess the financial viability of small businesses, identify potential risks, and ensure compliance with regulations to protect creditors and stakeholders.
Businesses must report income statements, balance sheets, cash flow statements, and any outstanding debts or loans.
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