WORKING CAPITAL MANAGEMENT PRACTICES AND PERFORMANCE OF SMALL ENTERPRISES IN KAPSABET TOWN, KENYA

Small enterprises account for 75 per cent of the total employment and 30 Kenya’s gross domestic product. However two thirds small fail within first few months operation which may be caused by failure understanding working capital management practices. This study sought to examine effect on performance Kapsabet town, Kenya. Correlational research design was adopted .The target population 712 scale traders in Kabsabet town from a sample 256 respondents were selected using simple random sampling technique. Data collected structured questionnaire analyzed both descriptively inferentially SPSS 26. Descriptive statistics such as mean standard deviation used summarize responses. The correlation coefficient (r), determination (R 2 ) analysis variance (ANOVA) calculated. showed practices had statistical significant Town, concluded that adoption is sound leads better performance. recommended organizations county National governments embrace since it enhances improvement Key words ; Working Capital Management Practices Financial Managements, Performance CITATION: Wanjala, J. N., & Miroga, (2023). Strategic Journal Business Change Management, 10 (1), 512 – 522.