Businesses in Ghana, especially those in the garment industry, face sustainability issues, with poor accounting and record keeping playing a significant role.
Mrs. Doris Nana Kesie, Sector Chairperson, Garment, Textiles and Leather, Association of Ghana Industries (AGI), said: “Keeping books and records is something you should not avoid if you want to keep your finances safe. under control.
“It also allows you to assess your performance and make informed future decisions,” she added. “Another key driver of these skilled professions, which could lead to the collapse of others, is the lack of innovation.”
Ms. Kesie said this at Joycelyn Fit Fashion, Cake and Decor Industry’s 3rd Graduation and 22nd Anniversary Ceremony in Koforidua, held under the theme: “Today’s Learners; Are the future entrepreneurs.
Entrepreneurs, she said, are agents of change who respond to the needs of dynamic customers and, therefore, should avoid business as usual.
She said Ghanaian entrepreneurs make up 92% of all businesses in the country, making them the economic backbone of the country.
Ms. Nana Kesie believes that concerns about sustainable business practices should be shared and programs should include capacity building training.
This would ensure that all graduates are ready to start a long-lasting business.
After completing a three-year apprenticeship in fashion design, catering services, stylish decor, and event management and organization, ten apprentices obtained certificates.
Jocelyn Fit Fashion, Cake and Decor Industry markets itself as a solution center that teaches people how to teach others, while helping to reduce Ghana’s high unemployment rate.
Ms. Joyce Pechi-Anim, founder of Joycelyn Fit Fashion Cake and Decor Industry, said the business started in Odumase Krobo in the Eastern Region in 2000 and has since trained 160 people.
Some of the trainees came from the National Small Industries Board, which is now known as the Ghana Enterprises Agency.
According to her, it has opened a branch in Koforidua and plans are underway to regularize its programs and turn it into a school. Mrs. Pechi-Anim asked for help to complete the class blocks.