The Nigerian Entrepreneurs' Handbook on Financial Management by the FATE Foundation, in collaboration with the Association of Chartered Certified Accountants (ACCA), is the second book I read in the FATE collection. But it is the first book I promised myself I would go back and read again when the time came because it included a detailed walkthrough on how to write up one's business plan amongst other things.
As I write this post now, I have yet to return to the book for my business plan creation, honestly because I forgot. After reading this book, I went on to read about Digital Technology and Marketing & Communications which were two other books that piqued my interest from the collection. From there I left the collection to go on to read more about Copywriting, which is basically writing for marketing purposes... and that is the title I am currently reading.
So coming back here to review what I learnt from this book is not just going to benefit you but it will also benefit me because I can go on to tackle my business plan afterwards. Anyway, let me talk a bit more about why I felt this book was worth a second read after I finished it. I felt this way because the book reminded me of all the things I had learnt in the FATE program about Starting a Business. Why? Because the book has a whole chapter dedicated to that topic. Everything from registering and structuring your business to planning and securing finance for it.
Another reason I found this book worth returning to is that it is full of templates. Templates for how to keep your financial records of course, but also templates for writing your business plan. In addition to this business focus, the book also has a personal focus. It talks about Personal Financial Management (PFM) as well as Individual Financial Literacy and Budgeting. Of all the books I read in the FATE collection, this one definitely had the most to offer me.
I don't know if it is sold individually, but if you don't have it and you’re an entrepreneur, I definitely recommend getting it.