An Entrepreneur shares financial management tips that will sustain your business
The first few years for any new business are crucial to its long-term growth and success. Sound financial management is and should be at the heart of every business irrespective of business scale (large, medium, or small).
Many Start-up businesses collapse within 3-5years of trading. This is sometimes not as a result of lack of customers or poor service/product but as a result of improper financial record keeping and monitoring.
In a Ghana Talks Business interview with Nana Yaa, CEO of Medoba she outlined sound and practical financial management systems you can adopt as an entrepreneur to help grow and sustain your start-up venture.