Financial literacy in running a business

[Etini Willie]

There is no way you can run any business without having to deal with money. I think this is the first skill you should learn before you embark on any business. How to manage money and cash flow is a basic knowledge every business person should have.

 

[Stardom22]

With the look at the things is that most of those that are financial iliteracy have failed in the management of their businesses. So it's better for business person to learn the basics of the finances before they can venture on Businesses.

 

[Chibson]

That's so right anyone can learn anything this time with the advent of technology. If one is willing and have passion on what he wants there's nothing impossible to become financially literate.

Probably, it is all about having the passion and willingness to learn in this current time. Once you have the passion it will be easier for you to succeed.

 

[Starmix]

Probably, it is all about having the passion and willingness to learn in this current time. Once you have the passion it will be easier for you to succeed.

It is coupled with hard work in order to save so that when we grow old and health declines, there is always money to buy the essential needs and some wants that are also important. That is how to live on interest from the right savings.

 

[hastral45]

It is not only educated person that could run a business. Uneducated person could equally run a business. The only odds here is that all business man must be financially literate for him to understand accounting records.

 

[Starmix]

There are businessmen who lack education but acquired experience which is why they learned the psychology of business in relation to money. Experience is the best teacher. There are so many wealthy who lack education bit financially literate through the years.

 

[nela13]

Ultimately , you can manage your finances if you understand simple calculations and I think that is all what is needed.

And we can also find a lot of good information online. There are tutorials explaining how to make a budget, how to invest, and where are the best options to save... we can find all sorts of financial information online, we just need to dedicate some of our time to studying it.

 

[hastral45]

And we can also find a lot of good information online. There are tutorials explaining how to make a budget, how to invest, and where are the best options to save... we can find all sorts of financial information online, we just need to dedicate some of our time to studying it.

Most of all tutorials online are not well detailed. They are to just give an insight on the subject matter. You have to go for proper training either online or ofibe. You can't become a driver by learning in online. Is it possible?.

 

[Chibson]

Most of all tutorials online are not well detailed. They are to just give an insight on the subject matter. You have to go for proper training either online or ofibe. You can't become a driver by learning in online. Is it possible?.

Of course it is not possible to learn driving online. But you can just get a little insight but the practical aspect is more important.

 

[Starmix]

Of course it is not possible to learn driving online. But you can just get a little insight but the practical aspect is more important.

How could you learn to drive online? The student will never learn. He will only learn about the parts of the car, and the engine but cannot man the car perfectly. There must be a teacher to handle it face-to-face.