The study explored how record keeping relates to the performance of small business enterprises in Uganda, focusing on Kikubo. Its objectives were to examine the availability of record-keeping practices in these businesses, assess the link between record keeping and performance, and identify the challenges faced by small-scale enterprises in the area. Using a case study design with both qualitative and quantitative methods, the researchers worked with a purposive and randomly selected sample of 60 respondents. Findings showed that at World Vision International, participative budgeting should be encouraged and that effective feedback plays a vital role in achieving quality standards in planning, control, leadership, and staffing. The study emphasized the importance of considering these factors when making budgeting and financial plans at the Nakasero headquarters. It recommended adequate financing of all World Vision International Nakasero programs by seeking and motivating donors to provide grants and concessional loans, as well as establishing credit recovery measures to reclaim funds owed by government ministries, employees, and institutions that use the organization’s services but fail to pay as expected. Overall, the results indicated that the budgeting process significantly affects budget performance and the capacity for service delivery, leading to the conclusion that there is a strong relationship between budgeting practices and budget performance at World Vision International Nakasero Headquarters.