Financial Resilience of Small Businesses
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Date
2025-09-04
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Makerere University Business School
Abstract
This study examined the relationship between resource bundling, resource leveraging, and resource structuring and financial resilience in small businesses in Mbarara District. The study employed a cross sectional research design and sampled 310 small businesses in Mbarara District where data was obtained using a questionnaire. The data collected was analyzed using the correlation and regression statistical techniques
The results showed that resource bundling had a positive and significant relationship with financial resilience. Also resource structuring was found to have a positive and significant relationship with financial resilience. Further, resource leveraging was found to have a positive and significant relationship with financial resilience. This implies that an improvement in resource bundling, resource structuring and resource leveraging leads to an improvement in financial resilience
The study recommends that businesses should continuously identify resources that do not add value to the organisation and remove them from the operations such that they are equipped with quality ones like up to date machinery and technologies which can be able to withstand times of uncertainty. Businesses need to always combine resources and ensure that they are interdependent. The human capital should be interdependent with other capitals that exist in the organisation such that they all move towards the achievement of a common purpose
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This is a master's thesis
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Citation
Kembabazi, A. (2024). Financial Resilience of Small Businesses. Makerere University Business School