Impact of Financial Antecedents on Financial Performance of SMEs
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Small and medium-sized companies (SMEs) have an essential role in every economy, being prepared to build jobs, support the progress of the Gross Domestic Product ( GDP), leave improvement and improve other economic exercises. The research explores the impact of various financial variables on the financial results of SMEs. The study is based on an investigative technique using a sample of selected small and medium-sized enterprises in Chittoor, AP. 66 SMEs were taken as a sample. This paper was used to test hypothetical relationships using the non-parametric Pearson chi-square test and Pearson's correlation method. The after-effects of the non-parametric test demonstrate the statistical consequences for financial variables and the efficiency of SMEs. The test strongly stipulates that financial management rehearsals, policymakers, accomplices for improving, SME owners and managers may use these results in Andhra Pradesh to develop their business.
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