Abstract: This study was aimed at looking into the effects of budgetary management practices on the performance of selected SMEs. A regression analysis was carried out using a sample of 80 firms. The results indicate that the intercept value of 0.249 explains shows that performance is entirely dependent on budgetary planning and control but also on other variables as well. It shows that budgetary planning and control have as significant effect on the survival of SMEs. We recommend that managers of firms should pay particular attention to the planning and control of budgets.

Key Words: planning, control, budget, performance