Bachelor of Business Administration - BBUC
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Browsing Bachelor of Business Administration - BBUC by Author "Baram Niwamanya"
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Item Financial Management and Financial Performance of Business Organisations a Case Study of Kigezi Pride Bakery in Kabale District(Uganda Christian University, 2025-10-29) Baram NiwamanyaThe research was on the financial performance and financial management of business firms, a case study of Kigezi Pride Bakery in Kabale District. The objectives of the research were; to determine the impact of budgeting on the financial performance of Kigezi Pride Bakery, to examine the impact of financial planning on the financial performance of Kigezi Pride Bakery and to determine the relationship between financial management and financial performance of business firms. Cross sectional study design was utilized and data was obtained through interviews and questionnaires. Findings of the research concerning budget impact on Kigezi Pride Bakery's financial performance were that budgeting enables Kigezi Pride Bakery to attain financial objectives, efficient use of resources, and improved decision-making. It maximizes profitability, efficiency, and co-ordination between departments and employee participation and innovation. Constant checking should be done to prevent unrealistic budgets and allow transparency and cooperation. The findings of the research on evidence related to the impact of financial planning on financial performance of Kigezi Pride Bakery revealed that financial planning at Kigezi Pride Bakery encourages goal-setting, budgeting, and resource allocation for stability and growth. It directs investment, enhances risk management through forecasting, and allows for cooperation and accountability. The findings of the study on financial management and business enterprise financial performance were that financial management improves financial performance by minimizing wastefulness, effective utilization of resources, and cautious investment choices. It achieves liquidity by cautious handling of receivables, payables, and cash flows, and cautious financing mix and risk management guarantee stability and investor confidence. The research hinted that the organizations adopt systematic financial planning processes to determine state goals and improve effective utilization of resources for stability and growth and this will align financial resources with strategic goals to achieve stable growth.