Published Paper Details:

In the perspective of startups as contributors to the national economy, this article examines the effects of macro and micro factors on financial performance. The current study's analysis of numerous literature studies demonstrates how startup firms employ financial performance to support their founders' growth and managerial objectives, such as producing goods and services. The current study focuses on financial performance characteristics, which vary depending on the startup organization's size and nature as well as the organization's need to determine whether to increase performance. These days, the financial performance of new businesses is the criterion that every corporation looks to for expansion. The primary goal of the current study is to determine how successful financial performance is for newly established businesses. This study was conducted via a survey and is solely descriptive in nature. The new firm should enhance its performance to endure in a fiercely competitive and rapidly evolving market, according to the findings. Indian startups have a very bright future ahead of them and are regarded as one of the essential building blocks needed for the expansion and advancement of the national economy.