READY4FINANCE (R4F) TRAINING PROGRAMME
Support for Entrepreneurship and Enterprise Development (SEED) has a license agreement to conduct in Tanzania, a Ready4Finance (R4F) Training programme, a property of BiD Network of Amsterdam, The Netherlands.
1.0 Objective
R4F Programme comprehensive and professionally package training programme that aims to
- Build capacity of small and medium sized entrepreneurs to identify and select viable business ideas, prepare business plans, acquire an overall understanding of managing a small enterprise and effectively engage with investors or financiers and to be able start or grow their businesses.
- Prepares entrepreneurs to carry-out and engage in selecting suitable sources of finance for their businesses, engage in investment process and effectively work with financiers.
2.0 Target group
- The Programme target current and aspiring owner-managers of businesses who have decision making powers in a business and are intending to access financing to implement their business ideas.
- Working knowledge of English and Kiswahili is essential.
- Has a potential viable business idea.
3.0 Structure and Delivery Mode
- The programme is in two parts which are delivered separately and with the following modules:
Part I: Business Planning & Management Skills Training
Part II: Access To Financing And Investment Process - 3 Days
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PART I: BUSINESS PLANNING AND MANAGEMENT SKILLS TRAINING 4 DAYS (32 HRS) |
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Business Planning |
Introduction: What Business Plans are for, essential elements, common pitfalls, etc |
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Essential tools of business planning |
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Writing mission and strategy statements |
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Business model and value propositions |
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Introducing your company’s products and services |
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Market structure and analysis |
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Marketing and distribution strategy |
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Managing human resource |
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Production & Operational plan |
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Suppliers and raw materials |
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Risks and how to mitigate them |
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Sale Forecasting (product market combination) |
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Investment plan |
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Executive summary |
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Financial Planning |
Basic books of accounts and Simple Record Keeping of Business Activities |
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Introduction to financial statements analysis |
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Cash flow analysis |
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Budgeting |
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Profit and Loss statements |
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Balance Sheet |
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All Financial Statement in one: changing assumptions |
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Internal sources of finance |
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Introduction to different types of finance (debt and equity) |
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Which type of finance is suitable for this business? |
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Team Building |
Combining successful management team |
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Team Structures and processes |
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PART II: ACCESS TO FINANCING AND INVESTMENT PROCESS - 4 DAYS (32 HRS) |
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Types of Investors |
Introduction to (angel) investors |
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What investors want |
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Types of finance |
Introduction to equity |
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Introduction to debt or credit |
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Overview of alternative financing structures |
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Royalty based finance |
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Factoring |
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Investment process |
Enterprise valuation |
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Negotiations |
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Exit management |
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Key legal issues in investing |
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Contractual agreements |
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Pitching |
Interview with financiers |
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Pitching your plan (short pitch) |
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Presentation training (Long pitch) |
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- Part II of the programme essentially requires an Entrepreneur with a complete business plan