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KEY QUESTIONS AND CONSIDERATIONS ON GROUP FINANCE
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Key Question
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Considerations
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| Does the group have access to adequate financial reserves? | Groups need to build up reserves through subscription, share capital, loans, grants or earnings |
| Is there a simple and transparent financial management and record keeping system in place? | Financial management and record keeping are often the weakest link in otherwise successful groups |
Related information: Key questions and considerations on group purpose; formation; leadership and advisory sources.
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Natural
Resources Institute 2003