FINANCIAL ASSET MANAGEMENT SYSTEM IN SMALL BUSINESS AND ITS EFFICIENCY

Abstract

Without establishing an effective financial asset management system, it is impossible to ensure the development of business entities in both the short and long term. The activities of any business entity are represented by three types of production factors embodied in tangible, intangible, and financial assets. It is well known that countries undergoing a transition to a market economy face structural changes in the economy and require investment resources necessary for the effective management of financial assets at both macroeconomic and microeconomic levels.