• Latest
  • Trending
#Qatar2022onGMABC: Messi wins World Cup as Argentina beat France on penalties

#Qatar2022onGMABC: Messi wins World Cup as Argentina beat France on penalties

December 18, 2022
Resetting The Nation: Mahama Urged To Back Rhetoric With Decisive Action On ORAL And Galamsey-Oppong-Fosu

Resetting The Nation: Mahama Urged To Back Rhetoric With Decisive Action On ORAL And Galamsey-Oppong-Fosu

September 25, 2025
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. Once your targets are clear, you will need a working budget. A good budget helps you monitor income and expenses, manage cash flow, and ensure that your business remains on track. It also provides a basis for deciding what to prioritise and what to postpone. At its best, your financial plan should help you answer key operational questions such as what resources are required to operate or grow, where those resources will come from, what they will cost, and whether your business is in a position to take them on. Planning in this way reduces uncertainty and allows you to run your business with greater clarity and confidence. 2. Maintain Accurate Financial Records Accurate financial records are essential for any business. Whether you are managing day-to-day operations, planning for future growth, or applying for funding, clear and reliable financial information allows you to make sound decisions. 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. 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.

Financial Habits Every SME Must Adopt: The 7-Point Check List

September 25, 2025
New Tullow CEO meets Ghana President

New Tullow CEO meets Ghana President

September 25, 2025
Kumasi Businessman Wins Brand New Car in 13th Telecel Dream Car Promo

Kumasi Businessman Wins Brand New Car in 13th Telecel Dream Car Promo

September 25, 2025
Telecel Ghana Holds AI Workshop for Young Entrepreneurs for SME Month

Telecel Ghana Holds AI Workshop for Young Entrepreneurs for SME Month

September 25, 2025
Mahama Renews Africa’s Demand for Permanent Seat on UN Security Council

Mahama renews Africa’s demand for permanent seat on UN Security Council

September 25, 2025
Abandoned Mallam market structure to Be demolished-Ablekuma North MCE

Abandoned Mallam market structure to Be demolished-Ablekuma North MCE

September 25, 2025
Galamsey fight: You can’t repeat the same mistakes and expect a different results – GSSMA warns government

Galamsey fight: You can’t repeat the same mistakes and expect a different results – GSSMA warns government

September 25, 2025
Education Minister vows transparency in SHS placement, warns against system abuse

Education Minister vows transparency in SHS placement, warns against system abuse

September 25, 2025
Cyber Security Authority warns high school graduates against indecent social media posts

Cyber Security Authority warns high school graduates against indecent social media posts

September 25, 2025
Over 1,000 Indonesians sick from school meals in more food poisoning outbreaks

Over 1,000 Indonesians sick from school meals in more food poisoning outbreaks

September 25, 2025
Free SHS Secretariat urges Parents to accept School Placements

Free SHS Secretariat urges Parents to accept School Placements

September 25, 2025
Happy Ghana
Advertisement
No Result
View All Result
  • Home
  • News
  • Sports
    • International Sports
    • Afcon2017
    • Afcon2019
    • Corporate Knockout
    • U17 World Cup
    • World Cup 2018
  • Entertainment
  • Business
  • Bizarre
  • Feature
  • More
    • Technology
    • Opinion
    • Lifestyle
  • Listen Live
  • Home
  • News
  • Sports
    • International Sports
    • Afcon2017
    • Afcon2019
    • Corporate Knockout
    • U17 World Cup
    • World Cup 2018
  • Entertainment
  • Business
  • Bizarre
  • Feature
  • More
    • Technology
    • Opinion
    • Lifestyle
  • Listen Live
No Result
View All Result
Happy Ghana
No Result
View All Result
Home Sports

#Qatar2022onGMABC: Messi wins World Cup as Argentina beat France on penalties

in Sports
#Qatar2022onGMABC: Messi wins World Cup as Argentina beat France on penalties
Share on FacebookShare on TwitterShare on Whatsapp

Lionel Messi finally achieved his World Cup dream as Argentina won their third crown on penalties following one of the greatest finals in the tournament’s history at Lusail Stadium.

Argentina won 4-2 in the shootout after a spectacular game which developed into the much-anticipated confrontation between the 35-year-old maestro Messi and his France opposite number Kylian Mbappe, who scored a hat-trick – the first in a World Cup final since 1966 – but still ended up on the losing side.

Messi looked to be securing the one major honour missing from his glittering collection in comfort as Argentina cruised into a two-goal lead, only for an explosive intervention from Mbappe turned a spectacular encounter on its head with two goals inside a minute late on.

Messi had given Argentina lead from the penalty spot in the 23rd minute following Ousmane Dembele’s foul on Angel Di Maria. It made him the first player in World Cup history to score in the group stage, last 16, quarter-final, semi-final and final of a single tournament.

He then contributed a delicate touch within a magnificent counter-attack that ended with Brighton’s Alexis Mac Allister setting up Di Maria for the second 13 minutes later.

Argentina were untroubled until the closing stages, only for Mbappe to give France a lifeline from the penalty spot with nine minutes left – then restore equality with a magnificent volley moments later.

Messi bundled Argentina back in front in extra time, but Mbappe completed his treble from the spot two minutes from the end of a frantic, chaotic added spell.

And so it went to penalties, with the two greats opening the scoring. But Argentina and Aston Villa goalkeeper Emiliano Martinez saved from Kingsley Coman, before Aurelian Tchouameni missed, leaving Gonzalo Montiel to win the World Cup.

Messi, a World Cup winner at last, collapsed to his knees in the centre circle and was engulfled by jubilant Argentina team-mates.

Subscribe to receive notification everytime a new post is published. We promise to be discrete.

Unsubscribe
Previous Post

#Qatar2022onGMABC: Kylian Mbappe beats Lionel Messi to World Cup Golden Boot award

Next Post

“Counsellors must make right medical consultations” – Prof. Fiifi Ofori-Acquah advises

Next Post
“Counsellors must make right medical consultations” – Prof. Fiifi Ofori-Acquah advises

“Counsellors must make right medical consultations” – Prof. Fiifi Ofori-Acquah advises

Search

No Result
View All Result

Listen Live

Happy Kaseɛbɔ 600AM news bulletin
Happy Kaseɛbɔ 600AM news bulletin

BBC Match of the Day Africa

Happy Ghana

Recent News

  • Resetting The Nation: Mahama Urged To Back Rhetoric With Decisive Action On ORAL And Galamsey-Oppong-Fosu
  • Financial Habits Every SME Must Adopt: The 7-Point Check List
  • New Tullow CEO meets Ghana President
  • About
  • advertise
  • Privacy Policy
  • Contact Us

© 2025 Happy FM – Powered by Ghana’s leading radio network. Designed with passion by Global Media Alliance.

No Result
View All Result
  • Home
  • News
  • Sports
    • International Sports
    • Afcon2017
    • Afcon2019
    • Corporate Knockout
    • U17 World Cup
    • World Cup 2018
  • Entertainment
  • Business
  • Bizarre
  • Feature
  • More
    • Technology
    • Opinion
    • Lifestyle
  • Listen Live

© 2025 Happy FM – Powered by Ghana’s leading radio network. Designed with passion by Global Media Alliance.