High school students would have to acquire skills in military training, agricultural training, digital literacy, entrepreneurship training, among others to succeed in the model for entrepreneurship training.

Even though there are interventions like MASLOC and NEIP, I believe that the entrepreneurs and the small enterprises will also have to start something and save on their own to supplement what other organisations give them.

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I have worked on a lot of projects aimed at fostering an entrepreneurial mindset in students of the UCC, including university wide entrepreneurship course, Business incubator, among others.

There is growing confidence among researchers in the ability of small businesses to play a vital role in economic development. This role is manifested through their contribution to innovation, job creation, and income generation. In transitional economies such as Ghana, small businesses comprise about 90 per cent of all registered enterprises and are recognised as a crucial and integral component of economic development policies aimed at sustained poverty reduction.

I observed that entrepreneurs were faced with a plethora of challenges, including limited access to finance, inadequate infrastructure, skill gap, inadequate human resources like mentors and coaches and a limited access to market.

The ability of the small business sector to contribute to economic development is influenced by the performance of individual firms, which is in turn influenced by their strategic capabilities. Strategic capabilities are determined by the owner-manager's personality and demographic and environmental characteristics. Owner-managers' personality characteristics originate from the prevailing cultural and socialisation processes to which they are exposed.

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I call for a genuine financial support programme to give support to feasible and credible businesses or ideas and encouraged people to save and partake in group funding before relying on other sources.

In Ghana, women form the majority of operators in the small business sector, but their educational levels and managerial experiences are lower than those of their male counterparts. There are also gender differences in the socialisation of girls and boys in Ghana. It is expected that these differences in personality and demographics between men and women affect their strategic capabilities, and ultimately the performance of their businesses. This study accordingly examines the direct and indirect effects of gender on owner-managers' characteristics, strategic capabilities, and performance of small retail firms in Ghana.

Women form the majority of operators in the small business sector, but their educational levels and managerial experiences are lower than those of their male counterparts.

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Structural equation modelling using partial least squares was employed to examine the relationships between gender, owner-managers characteristics, strategic capabilities, and firm performance. Results revealed that the gender of the owner-manager has a direct influence on performance, firm resources, business owner's skills, personal values, business experience, and education. In addition, a partial influence was observed for business strategies, but not for owner-manager's age.

That a more friendly regulatory regime will expedite the formalisation of the economy and make it easier to effectively formulate and implement interventions for the industry.