Introduction to Financial Literacy for SMEs

Wishlist

About Course

Financial literacy and effective financial management are essential for SMEs (Small and Medium Enterprises) to succeed in Africa’s competitive business landscape. With limited access to traditional financing, and a growing reliance on digital and informal financial systems, African SMEs need to be equipped with the knowledge and skills to manage their finances, reduce risk, and maximize growth opportunities.

This course provides an in-depth, practical approach to understanding key financial concepts, managing cash flow, accessing financing, and applying best practices in record-keeping and debt management.

What Will You Learn?

  • Understand the core principles of financial literacy for SMEs.
  • Learn how to create a budget and manage cash flow effectively.
  • Gain insights into accessing financing and planning for growth.
  • Understand the importance of record-keeping and financial reporting.
  • Learn debt management strategies and how to invest in business growth.

Course Content

Financial Literacy for SMEs

  • Introduction to Financial Literacy for SMEs
  • Budgeting and Cash Flow Management
  • Financial Planning and Access to Financing
  • Record Keeping and Financial Reporting
  • Managing Debt and Building Creditworthiness
  • Further Reading Suggestions
    00:00
  • Exercise
  • Financial Literacy Quiz
Log in