Impact of Factors Influencing on Financial Performance of Startups in MP

Abstract

Thisarticlestudiestheimpactofmicroandmacrofactorsonfinancialperformanceinthecontextofstartups a contributor on economy of the country. Studying various literature reviews present study shows that financial performance used by startup organizations helping the entrepreneurs for their growth as managerial purpose, such as making products and services. Present study focuses on variables of financial performance, depends upon the nature or size of the startup organisation and sometimes necessity of the organisation to decide the period of performance improvement. Today every organization chooses the financial performance for the growth of startup organisations. Present study is conducted mainly at the identification of effectiveness of financial performance for startup organisations. This is purely a descriptive type of research undergone doing survey and conducting interviews. Findings suggested that the startup organization should improve their performance to survive in a competitive and fast changing market. The startup organization in India has a very bright future and is considered as one of the basic infrastructures required for the development and growth of the economy.