Managing Partner, AKA and Partners, Mr Noble Yaotse Adonoo, has encouraged Small Medium Enterprises (SMEs) to register their businesses to qualify for various assistance including accessing loans to expand their businesses.
He noted that most SMEs were not registered and as well lacks bookkeeping records of their operations, making it difficult for would-be investors and financial institutions to evaluate businesses and offer assistance.
Mr Adonoo made these remarks in an interview with media, on the sideline of a seminar organised by the Faculty of Accounting and Finance (FAF) of the University of Professional Studies, Accra (UPSA).
The seminar which was part of activities marking the 2018 FAF Professional Week Celebration was aimed at training some SME players within the University’s catchment area; on the need to register their businesses, proper book-keeping practices and accessing credit facilities.
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