Building up Savings and prudent management of our finances are very critical for us to succeed in businesses. •  One of the most challenging aspects of Financial and Business Management I have noticed with most I’taukei businesses is the lack of budgeting and lack of financial discipline. Financial and Business literacy is, in my review, the key to our success.
•  One of the reasons many small businesses fail is because we sell goods on credit. Selling goods on credit means that your cash flow as a small business is affected resulting in the inability to restock or repay your loans.