Today we welcomed a small group of NGO/microcredit staff to our Training of Trainers on Micro-business. On this first day, we focused on key business skills micro-businesses should get.
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| We started with running our own shop |
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| which led to a lot of creativity. |
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| And participants realised that running a business… is not easy! |
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| Counting the cash after closing the shop |
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| calculating a profit – simple case with a coconut seller |
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| Book-keeping |
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| Experiencing the importance of tracking incomes, expenses and cash – basket case |
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| In the afternoon, with a simple (and team-based) exercise with chickens and eggs, we realised that profit is not cash. |
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| Breakeven calculation |
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| Planning ahead… |
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| …fostered lots of discussions! |
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| and laughter! |
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| We finished with reflecting on how much a small business owner can pay her/himself … not so easy (and regular) either! |
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| summarising the key learning of our first day |