Thread:Book Keeping (5)

Hello Everyone,

Thanks Naomy, reading the paper on bookkeeping was very enlightening. Bookkeeping is a very essential component of any entrepreneurship training, because in-depth knowledge of the topic is a basic requirement for the successful running of the businesses that young people may start. Absence of proper bookkeeping may be responsible for some of the challenges that young people experience in running their businesses, because if a bookkeeping system is properly adhered to, signs of business failure will be noticed early and appropriate measures can be taken to prevent it. I think facilitators should emphasize the importance of bookkeeping and also give enough time to this aspect during youth entrepreneurship training sessions. I also commend the simple and easy to understand manner the discussion paper was delivered.