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Black Satellites coach Karim Zito invites 70 players for pre-selection camping

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August 26, 2020
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Running a small business is demanding. Each day presents challenges that can affect your cash flow, your customers, and your ability to grow. Amid these demands, it is easy to lose sight of long-term financial priorities. However, businesses that last are not only those with good products or strong customer service. They are often the ones with better financial habits. This article outlines seven essential points that will help SMEs manage their finances more effectively, reduce risk, and plan for growth. 1. Start with a Clear Financial Plan A good financial plan gives direction to your business. It helps you set targets, allocate resources, and make informed decisions. Start by defining your financial goals. These should be SMART - specific, measurable, actionable, realistic, and tied to timelines. For example, you should determine how much revenue you need each month, what level of production or service delivery is required to meet that target, and how you intend to achieve it. 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Many small businesses struggle in this area due to time constraints, limited expertise, or a lack of systems. However, proper record-keeping should never be overlooked. It supports internal decision-making, strengthens external credibility, and improves your ability to respond to opportunities or risks. Business owners can start by gaining basic knowledge of accounting principles and tools. Training employees in simple record-keeping practices also helps to build internal capacity. In some cases, it may be worthwhile to engage professionals who can help you put the right systems in place and prepare essential reports at a cost that makes sense for your business. 3. Choose a Banking Partner Aligned with Your Goals The right banking relationship can make a real difference to your business. A bank like Absa Bank is more than a place to keep your funds. It is a partner that can support your operations, guide your financial planning, and help you take advantage of growth opportunities. Begin by understanding your business needs. These might include working capital support, payments and collections services, or trade finance. Once your needs are clear, assess whether your bank offers the right mix of services, accessibility, and expertise. Your banking partner should make it easier to run your business, not harder. They should share your ambition to grow, be responsive to your concerns, and provide solutions that are tailored to the stage your business is in. A strong banking relationship will give you confidence and peace of mind as you build your enterprise. 4. Deploy Effective Payment Solutions Revenue is the foundation of every business and the way you go about collecting it is key. In today’s economy, customers expect fast, simple, and secure payment options. If your business only accepts cash, you may be turning away potential sales without realising it. Providing customers with flexible payment options is no longer a luxury. It is a necessity for growth and long-term relevance in a digital economy. Offer customers alternatives such as instant bank transfers, mobile money, card payments through point-of-sale devices, or more innovative solutions like Absa Mobi Tap to improve your customer experience and increase your reach. These methods reduce delays, enhance transaction security, and demonstrate professionalism. 5. Meet Statutory Obligations Promptly Every business has legal and regulatory responsibilities. These include filing and paying taxes, submitting Social Security and National Insurance Trust contributions, and meeting other sector-specific requirements. Complying with these obligations on time helps you avoid penalties and disruptions. It also builds your business’s reputation and improves your standing with financial institutions and regulators. To stay compliant, you should adopt a legal structure that suits your business model and goals. You may also wish to seek legal or tax advice at key points in your journey. Planning ahead for obligations such as annual tax payments or quarterly filings ensures that you are not caught off guard. Meeting your statutory responsibilities consistently is a mark of a well-run business. 6. Manage Your Risks Running any business involves risk. These risks may include delayed payments from customers, unexpected costs, economic downturns, or even natural disasters. For small businesses operating with limited resources, such events can be difficult to absorb. This is why risk management must be part of your financial routine. Start by identifying the main risks that could affect your business. Put in place basic measures to protect your operations. This could mean setting aside emergency reserves, purchasing insurance, or diversifying your income streams. Being proactive about risk does not eliminate uncertainty, but it helps you stay in control when challenges arise. It also signals to lenders, partners, and customers that your business is prepared and resilient. 7. Separate Business and Personal Finances It may be tempting to treat your business account as your personal wallet, especially in the early stages. However, failing to separate your business and personal finances can lead to confusion, tax problems, and credibility issues. As a business owner, you should pay yourself a fixed salary. Avoid withdrawing funds at random or covering personal expenses with business income. If you invest personal funds in the business, document it properly as a loan or equity contribution. Keeping your finances separate helps you maintain clear records, assess business performance accurately, and present your enterprise in a more professional light to partners, banks, and regulators. At Absa Bank, we believe that strong financial habits form the backbone of every successful enterprise. 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Black Satellites coach Karim Zito invites 70 players for pre-selection camping

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Black Satellites coach Karim Zito invites 70 players for pre-selection camping
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The first phase of the National U-20 male team’s pre-selection camping will begin ‪on Friday August 28‬ with seventy (70) players expected to report to camp.

The Black Satellites are set to begin preparations for WAFU ‘B’ U-20 qualification tournament to be staged in Togo later this year.

After a week in camp, another batch of 70 players would be invited to camp as coach Karim Zito and his assistant Evans Augustine Adotey continue the pre-selection exercise.

Invited Players have been divided into two groups( 70 players in each group) to ensure that all players identified for the pre-selection process undergo the mandatory COVID-19 testing which would be conducted twice at the GFA Technical centre.

All players, technical staff and essential service providers will be tested upon arrival.

Players, technical staff and all essential service providers are therefore advised to report to the GFA Technical Centre on Friday at 12:00 noon prompt.

Below are the invited players for the first batch of the U-20 camping:

GOALKEEPERS

Danlad Ibrahim – Berekum Chelsea; David Kudjoe – Action Boys; Clinton Quaye – FC Mamoobi;

William E. Essu – Vision FC; Sadiq Mohammed – Amidaus Professionals

RIGHT BACKS

Kingsley Owusu – Dreams FC; Mamudu Kamaradin – Ashgold SC; Mohammed A. Samad – WAFA;  Ebenezer Adade – Cheetah FC; Richmond Darko – Tema Youth

LEFT BACKS

Fatawu Suleman – Medeama SC; Joseph Addo Tetteh – Mighty Jets; Daniel Egyin – Hasaacas,  Richard Adjei – Accra City

CENTRE BACKS

Kobina Amoah – SC Golden Kick; William D. Afawubo; Nathaniel Adjei – Danbort FC; Frank Assinki – Inter Allies; Umar Mohammed – Rising Stars; Ali Mohammed – Vision FC; Uzair Alhassan – Utrecht FC; Yaro Bawa – Tano Bofoakwa;  Moses Bawa Salifu – Tanga FC;

Philip Ofori – Tema Youth; Edmund Mensah – Ebusua Dwarfs

DEFENSIVE MIDFIELDERS

Ransford Koufie – King Faisal; Seth Kwadwo – Deportivo FC; Samuel MacCarthy – Eleven Wonders; Daniel Antwi – Awudu Issaka Academy; Eugene A. Frimpong – African Talents; Issah Hudu – BA United

OFFENSIVE MIDFIELDERS

Joshua Anim – Attram De Visser; Simon Appiah Asamoah – Legon Cities; Teye Mensah – Rences FC; Emmanuel Essiam – Berekum Chelsea; Patrick Mensah – Heart of Lions; Suleman Mohammed – Dreams FC; Louis Ofori – Eleven Wonders; Ibrahim Mohammed – Benab FC; Paul Narh  – African Child FC; Frank Boateng – Prestige FC; Dramani Awuah – Nkoranza Warriors; Godfred Adotey – Kumasi Desire FC

WING ATTACKERS

Emmanuel Boakye – Ebony FC; Sam Agbenyegah – Heart of Lions, Ayara Sadat – Heart of Lions; David Onu – Emmanuel FC; Kingsley Gyamfi – Rising Stars; Jeffrey A. Yeboah – Rences FC;  Razak Yussif – Great Olympics;   Joseph Amoah – Accra Lions;  Matthew Cudjoe – Asante Kotoko;  Afriyie Barnieh – Hearts of Oak; Michael Donkor – Great Olympics; Nana Kofi Babil – Medeama

AUXILIARY ATTACKERS

Mubarak Alhassan – Liberty Professionals; Salim Yusif Giabo – Vision FC; Kwabena K. Dannful – Ebusua Dwarfs

ATTACKERS

Shaibu Taufiq – Mighty Jets;Felix Doku Narh – Uncle ‘T’ United; Christian Boateng – Cheetah FC; Prince K. Adu – Bechem United; Mustapha Zakariah – Great Olympics; Sampson Agyapong – WAFA; Precious Boah – Still Believe FC; Umar Mohammed – Mighty Jets ; Iddrisu A. Rahman – Utrecht Academy; Dauda Sadam – BA United ; Alex Afariba – Crocodiles FC; Franklin Owusu – Accra Auroras

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