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

PART I: BUSINESS PLANNING AND MANAGEMENT SKILLS TRAINING 4 DAYS (32 HRS)

Business Planning

Introduction: What Business Plans are for, essential elements, common pitfalls, etc

Essential tools of business planning

Writing mission and strategy statements

Business model and value propositions

Introducing your company’s products and services

Market structure and analysis

Marketing and distribution strategy

Managing human resource

Production & Operational plan

Suppliers and raw materials

Risks and how to mitigate them

Sale Forecasting (product market combination)

Investment plan

Executive summary

Financial Planning

Basic books of accounts and Simple Record Keeping of Business Activities

Introduction to financial statements analysis

Cash flow analysis

Budgeting

Profit and Loss statements

Balance Sheet

All Financial Statement in one: changing assumptions

Internal sources of finance

Introduction to different types of finance (debt and equity)

Which type of finance is suitable for this business?

Team Building

Combining successful management team

Team Structures and processes

 

PART II: ACCESS TO FINANCING AND INVESTMENT PROCESS - 4 DAYS (32 HRS)

Types of Investors

Introduction to (angel) investors

What investors want

Types of finance

Introduction to equity

Introduction to debt or credit

Overview of alternative financing structures

Royalty based finance

Factoring

Investment process

Enterprise valuation

Negotiations

Exit management

Key legal issues in investing

Contractual agreements

Pitching

Interview with financiers

Pitching your plan (short pitch)

Presentation training (Long pitch)
    • Part II of the programme essentially requires an Entrepreneur with a complete business plan