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Our retail campaign is causing fear in the NPP – George Loh

Our retail campaign is causing fear in the NPP – George Loh

October 15, 2020
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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. 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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. Our commitment is to walk with our clients and customers at each stage of their journey, providing guidance, tools, and solutions that help SMEs grow sustainably and with purpose.

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Our retail campaign is causing fear in the NPP – George Loh

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Our retail campaign is causing fear in the NPP – George Loh

Our retail campaign is causing fear in the NPP – George Loh

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Volta Regional Vice Chairman of the National Democratic Congress (NDC), George Loh has asserted that the party’s retail campaign strategy ahead of the December 7 polls has been widely accepted by the Ghanaian populace.

According to him, the penetration and acceptance rate of their (NDC) message has caused fear in the camp of the ruling government.

George Loh in an interview with Samuel Eshun, host of the Happy Morning Show aired on Happy 98.9 FM and e.TV Ghana said, “We have packaged our messaging so well that it has become relatable and sunk well into the minds of the ordinary Ghanaian. This is causing fear in the camp of the NPP”.

He indicated that the retail messaging strategy has been an effective way for the NDC to send across its messaging to every nook and cranny in the country. “We are of the belief that this year, our message has gone down and has been accepted more than it was in 2016. Our retail message permits us to go house to house and educate citizens on our policies. We also have messages on social media and are doing more on the face to face level”.

The Volta Regional Vice-Chair of the party motioned that the retail strategy was birthed out of the limitations placed on political campaigns because of the COVID-19 pandemic. “But it has however improved how we go about our campaign”.

The flag bearer of the opposition National Democratic Congress (NDC), John Dramani Mahama, speaking at the launch of the NDC’s 2020 campaign at Sefwi Dwinasi in the Western North Region on Wednesday [October 7, 2020], said that his party is rolling out the most effective retail campaign in this year’s general election.

He entreated members and supporters of the NDC to move to every nook and cranny of the country with the message of the NDC as contained in its people’s manifesto.

The call for the retail campaign was accepted by members of the party and this strategy seems to be working perfectly well for the opposition.

By: Joel Sanco

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