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SMEs build capacity in financial management


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By
Yussif Ibrahim, GNA    

Asuboa (Ash), July 21,
GNA – The Business Advisory Center (BAC) in the Asante-Akim South District, has
stepped up the effort at growing businesses through best management practices.

It has been training
small and medium scale enterprises (SMEs) in financial management, book
keeping, products packaging and marketing skills.

One of such traini

By
Yussif Ibrahim, GNA
    

Asuboa (Ash), July 21,
GNA – The Business Advisory Center (BAC) in the Asante-Akim South District, has
stepped up the effort at growing businesses through best management practices.

It has been training
small and medium scale enterprises (SMEs) in financial management, book
keeping, products packaging and marketing skills.

One of such training
workshops has been held for oil-palm producers at Asuboa.

This was done under
the rural enterprises project (REP).

Ms. Amina Lambert, the
Head of the BAC, said it was determined to go the extra mile to assist
businesses in the area to thrive.

She indicated that
their growth and expansion would without doubt create jobs for the people and
transform their economic situation.

That was the path to
travel to fight poverty and joblessness, she added.

She called for
entrepreneurs to avoid frivolous spending and to make sure that they ploughed
back profit interest into their businesses.

Ms. Lambert blamed the
collapse of many SMEs on poor management and asked that best practices were
maintained at all times.

She encouraged them to
also put premium on products packaging – to make the products attractive to
consumers.

She used the occasion
to urge businesses to take advantage of the programmes and technical support of
the BAC to grow.

GNA


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