Effect of financial planning on the growth of small and medium scale enterprises in Kogi state, Nigeria

Small and medium scale enterprises are widely recognised as drivers of economic development through employment creation, income generation, innovation and poverty reduction, yet a substantial proportion fail within their first years of operation. This study examined the effect of financial planning on the growth of small and medium scale enterprises in Kogi State, Nigeria, decomposing financial planning into four practices: budgeting, cash flow management, financial forecasting and investmen