Financial Discipline Among Youth Entrepreneurs
Fragment of a discussion from Talk:Ipyet/Financial Management in SMEs
Hello Naomy,
Pressure from Family and Friends who may want credit facilities or free services are some of the challenges youth entrepreneurs face in maintaining financial discipline. Also, poor knowledge of financial management may result in youth entrepreneurs not knowing the difference between funds for business and personal funds.
Facilitators should ensure participants are exposed to practical training experiences that will teach the youth entrepreneur the benefits of financial discipline.
Shining Star (talk)
