Factors Affecting Financial Performance of Youth Owned Enterprises Kenya: A case of Youth Owned Enterprises in Kisii Town.

Abstract

This study analyzed factors affecting financial planning that affect the performance of youth owned enterprises in Kenya. Descriptive survey design was adopted to investigate the extent of financial planning has impacted on performance of youth owned enterprises. The target population in this study was 150 youth owned enterprises based in Kisii Town. The findings show that majority of the respondents have acquired at least basic level of education which at least can enable one perform basic arithmetic, a necessary ingredient in any business activity. It was established that the respondents who view financial planning as less important or not important are the very respondents who neither practice personal financial planning nor business financial planning.