Natalia Morozko, Nina Morozko and Valentina Didenko

DOI: https://doi.org/10.6000/1929-7092.2018.07.74

Published: 12 November 2018  

Abstract: Most small business organizations are constantly lacking financial resources. This situation is associated with a small amount of own funds and the difficulty of raising borrowed funds. In the prevailing conditions, the need for well-founded financing management, this ensures the stable financial condition of a small organization, increases. Modeling the process of financing an organization allows you to consider different financing options, to influence the most significant factors in a particular situation. It is proposed to use the cognitive approach for dynamic management of the financing process and the choice of a rational variant based on the logit model. Determination of the degree of influence of various factors is proposed to be determined using correlation-regression modeling. With the help of the proposed modeling of the financing process of a small organization, it is possible to forecast positive changes in financial performance.

Keywords: Management, small business, financing, is modeling.

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