Financial Literacy for Business
As we have been discussing during this first part of this book financial literacy, understanding the tools and techniques available, and taking the steps to implement savings strategies are essential to successfully construct a financial roadmap and lifestyle. That said, it is also important to remember that financial and economic literacy are equally as important for small to medium size businesses as it is for the individuals running these organizations. While many would agree that smaller businesses form the backbone of the U.S. economy (and economies on a global level), the stark reality of the situation is as follows. Depending on the study or data set analyzed, between 75 and 90 percent of small ...
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