Thread:Financial Management in SMEs (6)

Thanks for your postings on importance of financial management for youth entrepreneurs. Most importantly the youths are in the most vulnerable position in mentaning the financial discipline. Therefore, beside the actual financial training, as a  youth Entrepreneurship development facilitators  we need to include a regular counselling  on financial discipline as well. Another aspect is financial behaviours of youth which also can play significant role on proper financial management   Yes, encouraging youth entrepreneurs to open regular saving accounts or group saving is another good strategy