| Abstract: |
The purpose of this study is to analyze the transformational influence that
financial training has on the financial management practices of small
enterprises in Morocco and to investigate the subsequent socioeconomic
contributions that will result from this training. An all-encompassing
research framework that incorporates both quantitative and qualitative
research approaches is used in this study, which is conducted within the
setting of a rapidly expanding small company sector that is experiencing
financial difficulties. Research methods such as questionnaires, interviews,
and case studies are applied in order to evaluate the effectiveness of
financial training programs in providing small businesses with improved
capacities to make responsible financial decisions. The results are intended
to provide light on the actual effects of financial training, which include
improvements in financial measures, risk management, and investment choices
inside the organizations that were targeted. The study investigates not only
the consequences on a micro level, but also the implications on a macro level
that strengthened financial management will have on the socioeconomic
landscape of Morocco as a whole. This research makes a contribution to the
current body of knowledge by shedding light on the complex interaction that
exists between financial management, financial training, and the generation of
socioeconomic value. It is anticipated that the findings will provide
policymakers, educators, and business leaders with information on effective
techniques to promote financial resilience within small firms, hence creating
sustained contributions to the socioeconomic growth of Morocco. |