Small and Medium Enterprises Development Training courseIntroduction
Africa Development Resources has developed its high-level Small and Medium Enterprises Development Training Course to support participants in nurturing and enhancing their entrepreneurial skills. As a new business is established the owner requires the skills necessary to sustain the enterprise. The course aims at nurturing and strengthening of Small and Medium Enterprises (SMEs) which can contribute significantly to overall sustainable development. An efficient private sector can contribute, both directly and indirectly, to decreasing unemployment, increasing wages, generating tax revenue, increasing wealth, and contributing to a stronger nation.
The course is meant for owners and managers of small and medium enterprises as well as NGO Managers involved in in the financing of such enterprises.
By the end of the course, participants will be able to:
- Cite methodology and tools for enterprise strategic, financial and production planning
- Outline means of improving capacity for trade, exports, investments, and access to markets
- Describe best practices for facilitating the easy setting up of business targets, monitoring of business results and continuous improvement
- Outline the links between SME business development, entrepreneurship and leadership;
- Describe public-private SME partnerships at macro and micro-levels
- Illustrate SME development in a rural context, utilizing agri-business market development as a model
- Outline what interventions are currently available to the participants to support and develop
SME entrepreneurship and business
- Review effective organizational change management strategies
- Illustrate stakeholder identification and integration strategies.
The training course is based on a blended-learning participatory approach and includes:
Interactive Lectures and Group Exercises
Interactive lectures are facilitated by key Resource Persons who examine the themes of the Workshop from a broad theoretical perspective down to case studies examining real world implementation. These presentations are augmented by small group exercises and frequent discussions from the floor, which serve to contextualize the issues being examined.
Representing a key component of the Workshop, after-action reviews takes place within groups at the start of each morning, discussing the main issues raised in the previous presentations, as well as the specific frames of reference as applied to these by participants.
Underscoring the theoretical introductions and analysis presented, study tours form an integral part of the training methodologies utilized by Capacity Africa Institute. Participants are able to relate to what has been seen and discussed in the training programme with actual examples of policy development and implementation.
Training the Trainer
A focus is made throughout the training sessions to relate the learning being facilitated to the realities on the ground. In addition, each participant is empowered to recreate the training upon their return to their organization in order to achieve a self-propagating legacy of skills development.
- development of venture ideas
- business opportunity guidance
- achievement motivation training
- setting up a business enterprise (Business Plan)
- financing small ventures
- basic record keeping and accounting
- time and stress management
- examples of small businesses case study
- an overview of management of SME's environmental challenges and survival strategies
- planning, organizing, motivation and control functions
- operation issues
- product and services technical matters
- resources requirement
- marketing of product and services.
- principle of accounting equation
- introduction to simple book keeping
- converting incomplete records into proper accounting system
- accounting concepts and principles
- types of accounts
- trial balance
- profit and loss statement and balance sheet
Kenyan residents: Kshs 100,000/= International: USD 1,000/=
The fees cover tuition, writing materials, lunch and tea break snacks. Participants are expected to cover their travel expenses, accommodation and any other out of pocket expenses. Accommodation can be reserved with prior arrangements.
Mode of payment
Payment shall be through electronic fund transfer to Africa Development Resources bank account 7 days prior to the commencement of the training.
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