The ever-evolving economic landscape, characterized by increasing globalization and technological advancements, has underscored the critical role of Small and Medium Enterprises (SMEs) as the backbone of economic development. At the same time, effective credit management has emerged as an essential skill for ensuring the growth, sustainability, and success of these enterprises.
This book, "Student’s Guide to ‘Credit Management & SMEs’," is an endeavor to provide a comprehensive yet accessible resource for students, aspiring entrepreneurs, and professionals who aim to deepen their understanding of credit management practices and their significance in the SME sector.
The book is structured to serve as a practical manual that addresses fundamental concepts of credit management, the financial challenges faced by SMEs, and strategies to navigate these challenges effectively. It also delves into modern credit tools, risk management techniques, and case studies that illuminate successful practices in SME financing.