This toolkit was prepared by Alaa Alazem for SPARK as a part of the Iraqi SMEs COVID-19 Response under Jobs & Perspectives Programme in Iraq.
Good financial management is critical to the success of any business. Without it, a business can be set for failure from the start. It’s not a lack of customers or products that will destroy a business – it’s a lack of cash. Therefore, financial decisions made at an early stage can be the most important, as well as the most difficult ones.
The ability to have the right finances in place and plan financial matters effectively can help a business grow and adapt to a changing economic environment.
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