To help people change their lives through improved income-generation, it may be essential to develop their money management skills. They will need to develop an understanding of profit as a goal; learn ways to calculate profit and minimise costs; learn ways to improve marketing decisions and manage the availability of cash to conduct transactions. Improving these skills will enable people to decide whether to use credit or not, to evaluate their risks and to negotiate with financial service providers.
Simple Book-keeping and Business Management Skills
Author/ Editor
Meijerink, R.
Content Language(s)
English
Type of Document
Training manual
Abstract / Description
This training manual is designed to teach small scale entrepreneurs how to use their numeracy skills in improving their businesses. The material was developed and tested in Ghana but it an easily be adapted to suit local situations in other countries. The manual covers the following topics:
The importance of book-keeping
The use of symbols in book-keeping
Income and expenditure
The use of the cash book
Profit and loss
How to use the profit
Buying and selling on credit
The credit book
Costing and pricing
Business planning
Business management
Keywords
BOOK-KEEPING; BUSINESS MANAGEMENT; NUMERACY; ACCOUNTING