A four-day training course for women entrepreneurs on ‘Essentials of Financial Management’ will be held on 29-30 November and 6-7 December in the Armenian capital Yerevan, helping participants to gain a comprehensive knowledge of their business's financial functionality and not to miss investment opportunities.
The training, which is held in within the framework of the ‘Women in Business’ programme implemented by the EBRD and funded by the European Union through its EU4Business intiative, will also give you an opportunity to take advantage of other components of the programme.
The secret of business success is not just a good idea or extraordinary talent. The most successful enterprises are continuously changing and developing. One of the main drivers of this development are finances. During this training course, participants will learn about basic financial documents and how to use them in favour of the enterprise. During the four-day course, participants will learn about:
- The importance of financial planning;
- The most important decisions relating to legal and tax areas;
- Financial reporting and analysis;
- Reasons of business success and failure;
- Financially healthy development of business;
- Cost control to provide business efficiency;
- Simple IT solutions and tools for financial management;
- Panel-tool for daily financial monitoring;
- Financing needs and involvement of funding from appropriate sources and by means of appropriate tools;
- Convincing negotiations with funders.
This special training for women entrepreneurs contains two sessions, of two days each. There will be a break between sessions, during which participants will be able to exercise the knowledge and skills acquired in the first session and during the second session introduce the lessons you have learned.
This interactive course includes practical tasks and examples from real life, introducing the enterprise financial management process from beginning to end. The trainers are experienced professionals in business who have repeatedly witnessed the changes rising out from the proper financial management.
The training is part of the EU-funded Women in Business programme, helping women-led SMEs access the finance and the know-how that they need to grow. Under the programme, the EBRD provides access to finance through credit lines to local banks dedicated to women-led SMEs, alongside business advice to help businesses become more competitive. The programme also offers training, mentoring and other support to enable women entrepreneurs to share experiences and learn from each other.
Date
29-30/11/18 and 6-7/12/18
Participation
The training fee is 40,000 AMD. The working language of the course is Armenian. Training fee includes training material, lunch,coffee/tea, etc.
The deadline for registration is 23 November.
For additional information please contact by knowhowarmenia@ebrd.com, or call+374 10 590901.