Thread:Financial Management in SMEs (4)

Hello Participants,

Financial Management will help Youth Entrepreneur as follows; -To acquire accurate financial information to help them make good business decision -To understand the basic financial processes in an enterprise and using available information to determine finances which is require to start a business and to develop financial statement

The difficilties is how to source for loan to the youth and how committed they will be in the business to pay back the loan. However, i do encourage the youth to do savings by having account in the bank or do local contribution with a cooperative group