SMEs need additional financial education beyond what is provided to individuals:
Types of funding and credit products
Sources of funding, and in particular sources of funding for start-up capital
Requirements from financial institutions to access products and services
Other types of financial products, such as savings options for businesses (e.g. money market for business), transactional products (e.g. business credit cards, CFC accounts for international trade); leasing; and commercial property
Risk management, including insuring stock and business premises, and assuring the life of the SME owner/manager
Formalizing a business (different legal structures, pros and cons, how to go about it), and the impact on financing options