Effect Of Working Capital Management On The Profitability Of Smes In Nigeria.

ABSTRACT The need for effective working capital management within Small and Medium Enterprises (SMEs) remain pivotal to profitability of Small and Medium Enterprises (SMEs) in Lagos State. Most SMEs do not care about their working capital position, while only little have regard for their working capital position and most do not even have standard credit policy. In consonance with these, this study examined the effect of working capital management on the profitability of Small and Medium Enterprises (SMEs) in Lagos State. In this study, secondary source of data collection was adopted in sourcin…