March is a significant month in South Africa as we commemorate Human Rights Day, a reminder of the importance of freedom, dignity, and equality for all. But as we reflect on human rights, we must also acknowledge an essential right that often goes unnoticed—financial freedom.
SMEs drive global growth, facing hurdles in finance and talent. Inclusive economies, corporate initiatives, and public support are vital. Active stakeholder participation is key to a thriving SME ecosystem, promoting growth and diversity.
Many small businesses fail due to poor financial practices. To succeed, create a clear roadmap for financial success, set goals, understand key components, determine how to achieve your goals, implement your plan, and continuously monitor your financial performance.