In a promising sector with a strong competition and constant search for optimization of results, are micro-enterprises and small companies, which to remain competitive in the market need to make the right decisions.Statistics show that about 20% of companies in this sector end their activities before completing the second year of life, which can be explained by the lack of financial control.Therefore, the present study is important because it shows the entrepreneur the positive aspects of having an efficient financial management, the purpose of this article being to highlight the importance of financial management and to point out the benefits.The study was based on a qualitative approach, with data collected through work already done, evidencing the ideals reported by other authors, in order to conclude that financial management reduces the risk of a small company closing its activities due to lack of balance and financial planning.