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INTRODUCTION
Financial Management
This module seeks to give the participants tools to manage the finances in their businesses e.g. making simple budgets, keeping records, and developing their businesses.
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The training in financial management should be adjusted to fit the needs of the participants. Therefore, the module is divided into 3 parts:
1. Starting up your business
2. Running the business
3. Expanding the business
It is recommended that the the first follow up trainings are done within a short period after the participants leave the boot camp, as they will need them to get a good start.
The third follow up training can be done when the entrepreneurs have run their businesses for a while and are ready to start thinking about expanding their businesses.
Financial Management
- Calculating costs
- Keeping records
- Managing your money
