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What the Experts Say
Financial Literacy FAQs
What is a Women-Owned Small and Medium Enterprise (WSME)?
A WSME is a business that is either owned, managed, or predominantly staffed by women.
What is financial literacy and why is it important for entrepreneurs?
Financial literacy involves understanding personal finances, money management, and investing. For entrepreneurs, it aids in managing business finances, planning growth, and securing funding.
How can I start improving my financial literacy as a business owner?
Start by learning budgeting basics, understanding financial statements, and grasping investment and taxation principles. Use online resources, attend workshops, and consult financial advisors.
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