Business wants monetary support in addition to planning. This isn’t strange contemplating the fact that in Ghana, in accordance with empirical proof, SMEs funding is made up of about 86% of personal equity as well as loans from family and friends(See Desk 1). Losing this cash is like shedding one’s personal repute which is taken into account very critical customarily in Ghana. To the untrained and unsuspecting eye, accounting ideas may appear hard, intimidating and complicated, however it is in actuality very simple in the event you get previous all those figures. All it’s a must to know in accounting are these: Accounts are at all times divided into three sorts, namely property, liabilities and equity. Each account is unique and simple but types part of the very basis your online business is operating on.
You’re already running a business and your funds are committed. It relies on cash flows … Read more