Training Of Business Owners On Business Model, Cash Flow and Business Plan
Training of entrepreneurs on the Business model, Cashflow Spread and the Business Plan.
Dates: 30 September 2021, 28 October 2021 and 30 November 2021
Time: 8 a.m. – 12 p.m. Online
In Cameroon, Small and Medium Enterprises (SMEs) generate 35% of GDP and provide about 70% of the country’s jobs. However, they continue to suffer from the lack of funding that sharply reduces their contribution to the country’s economic development(Protais Ayangma, 2020). Among the causes related to the difficult access of Cameroonian SMEs to finance, we note in particular the fact that they remain trapped in the informal sector (National Institute of Statistics, 2018). Combined with the fact that they would not have a business plan, most of these companies although having a bank account cannot obtain credit. However, after defining its business model and drawing up the cash flow, it becomes easy for a company to develop a business plan, which can be seen as a first step towards the formalization process. In order to fill the knowledge gap of entrepreneurs regarding: the business model, cash flow and business plan, the Centre for Small Business and Entrepreneurship (SBEC) of the Denis and Lenora Foretia Foundation offers online training.
This training therefore aims to strengthen the capacities of entrepreneurs with regard to: the business model, cash flow and business plan. Specifically it will be:
- Present the writing canvas of a business model, a business plan and a cash flow (spread);
- Present the techniques for implementing a business plan;
- Discuss strategies to formalize an economic activity at a lower cost or without fees
Target Audience and Training Participation Fees
This training is free and reserved for members of the SBEC network who took part in the first session held on September 3, 2021 at the Denis and Lenora Foretia Foundation on the theme: “Business Model”.
Dr Ahanda Sosthène Nicaise, Director of the Centre for Small Business and Entrepreneurship of the Denis and Lenora Foretia Foundation (SBEC); Contact: [email protected]; Phone: +237 699 96 55 75
Email?:[email protected]?; Tel : (+237) 22 31 15 84 / 654 86 72 54/ 698 64 55 24.
During some group work research for présentation in MBA, I stumbled on and consultéd a USA based website for Small Businesses Small Business Association SBA.org from which I learned a lot. So glad an organisation is now présent in Cameroon to take knowledge to well meaning SME entrepreneurs. Kudos