THE ROLE OF COST MANAGEMENT STRATEGIES FOR SME BUSINESS: A CONCEPTUAL FRAMEWORK

The main purpose of this research is to concern analytic knowledge the role cost management strategies for SMEs business and create financial sustainability. SME enterprises are playing a key in creating entrepreneurship eliminating unemployment every country by raising capital through various means. In case, expected triumph will not come unless there proper concept on management. effectiveness Cost Management policy perspective Planning finance with point next accelerate growth business. authors have been used conceptual model employed secondary data, developed hypotheses based significance objectives. theoretical analysis carries out standard advantages disadvantages, providing remarkable organizations entrepreneurs as well emphasized specific article has conducted current knowledge, only analyzes accomplishment policies enhancement field that limits scope quarry. This contributes potential delivers an applicable framework 21st century small medium sectors.