Role of Financial Management in the Survival and Sustainability of a Startup in the Fast Food Market
Abstract
In the fast food industry, startups face intense competition, rapid market fluctuations, and
significant challenges in managing operational costs. Effective financial management is essential
for the survival and long-term sustainability of these businesses. This research paper explores the
role of financial management in the survival and sustainability of a startup in the fast food
market. By examining key aspects such as budgeting, cash flow management, cost control, and
investment planning, the paper highlights how financial strategies can help startups navigate
challenges and achieve business growth. Additionally, it presents a discussion on the importance
of financial forecasting and strategic decision-making in maintaining competitive advantage.