Business News of Saturday, 19 April 2008

Source: GNA

Businesses asked to keep records

Accra, April 19, GNA- Small and Medium-Scale Enterprises (SMEs), have been urged to make record keeping an integral part of their business activities. "Records remind us of mistakes and lapses in our business operations"

Mr Humphrey Asempa, Director of Talents Restoration Academy, gave the advice at a workshop on Friday to commemorate the 3rd Anniversary of the founding of Youth for Christ Heritage (YUFRIST), a non-governmental organisation.

Mr Asempa said record keeping guides entrepreneurs to know whether they are making profits or losses.

"You need to stick to business schedules and learn ideas from experienced entrepreneurs in your business area. Motivation to customers also helps businesses to grow," He said Mr Asempa advised companies to add value to their workers by training them and building their capacity for effective performance of duties.

He advised businesses to produce and provide quality goods and services and mot inferior services for monetary gains. He appealed to business organisations to provide a conducive environment for their workers.

"The environment should not pose a threat to workers and customers and you must seek professional advice from the Environmental Protection Agency on how to secure your work place" He added Mr Godson Gbagado, Principal Accountant at the Labour Department advised workers to be patient and humble at their work places in order to maintain their customers.