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Financial Literacy for SMEs

‚Äč"Finance is the language of business. Financial literacy must therefore be considered one of the cornerstones of building an entrepreneurial business" says Allon Raiz, CEO of Raizcorp in the foreword for the book,  The Essential Finance Handbook for Business Owner - 7 Basic steps to manage your business' financial performance, by Precious Mvulane.

 

The use of financial literacy concepts by entrepreneurs in the small and medium enterprise sector in Mpumalanga Province, South Africa

Financial literacy is one of the key factors that impact on the success of small and medium enterprises (SMEs) globally. The objective of this study is to understand the extent to which entrepreneurs in the SME sector pursue the financial literacy concepts, namely, budgeting, investing and borrowing in managing their business finances. The study also aims to establish the relationship between the use of financial literacy concepts and performance of the SMEs.

SME Financial Literacy Program: Development of a Program Framework

This report contains a framework for a financial literacy curriculum aimed at increasing historically disadvantaged small and medium enterprises’ (SMEs’) knowledge about the world of business finance, as well as thoughts and recommendations on the best way to deliver the knowledge to the market.

Financial literacy and youth entrepreneurship in South Africa

Financial literacy and youth entrepreneurship in South Africa

The purpose of this paper is to assess the level of financial literacy and impact on youth entrepreneurship in South Africa.

The paper used both desktop research and questionnaire complemented by interview to assess the level of financial literacy among youth entrepreneurs in the Vhembe District of the Limpopo Province, South Africa.

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