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Business
Edge is designed to meet the needs of:
•
Corporate firms and banks whose profitability and operational
efficiency depend on the business performance of their SME clients, suppliers
and distributors
• Training firms who seek a world class yet customized
SME training methodology
• SMEs who want to improve their competitiveness through
focused and tailor made training opportunities
Business Edge uses IFC’s global knowledge network which
facilitates sharing of best practices among Business Edge trainers
to enable their clients gain from IFC’s global experience.
Business Edge was officially introduced in Cameroon in February
2010 and DMC Ltd is one of the 6 Business Development firms
that was selected, trained and signed a corporation agreement
with IFC to use the tool /approach. DMC is currently one
of the leading firms in Cameroon in the successful use
of Business Edge to transform and grow SMEs/SMI’s.
Effective
management is a key to increased productivity, profitability and
growth in Small and Medium Enterprises (SMEs).
With the goal of enhancing management performance of SME
owners, managers, middle managers in Cameroon,
Africa
Benefits
of Business Edge Workshops to SMEs
1. Improves management performance.
Providing individuals and businesses with the knowledge and
skills they need to manage, expand successfully
and increase profits.
2. Practical. Allows you to link business
management theories to real life work situations and experiences.
3. Personalized. Fits busy professional
schedules so you can learn what, where, when and how it suits
you.
4. Multilevel. Enables you to engage
in multilevel training for all staff, which is very cost effective
and minimizes down time.
5. Value for money. Relevant, practical
content and training input at affordable prices.
6. International quality. Assurance
of high standards that come from adapting internationally acclaimed
materials to local needs.
7. Consistency. Reliable and standardized
quality of materials and training input .
Mrs
Biet Gladys, Husband & BE Trainer
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BE
Testimony
Mrs
Biet Gladys Banah was one of the 24 participants at the
IFC Business Edge “training for Business Women”
that took place at Buea - Fakoship plaza conference hall
from July 8th 2010 to July 9th 2010.
I
visited her at her Ombe New Lay out residence/farm
to obtain feedback on the outcome of the training as well
as provide any required advisory support.
Gladys
managed the family’s animal farm – Goats and
chicken – some times before but wound up because
“things were not moving.”
She heard about the Business plan training and was attracted
to it more for the GOWE project loan opportunity than
for the capacity building component.
It is for this reason that her sole expectation for the
work shop was “to be eligible for a loan to grow
my business”.
However by the close of the workshop her expectations
had changed as she was able to identify the cause of the
failure of her animal farm. She now confesses that she
failed because she lacked financial management skills
especially basic book keeping.
The small module on basic bookkeeping that I added to
the main module on business plan had an activity on poultry
farming and Gladys realised that she and her husband (who
is very supportive of her business) needed to have included
their salaries in the farm’s expense list and thus
keep a clear account for the business.
Gladys returned home with the good news and the determination
to re-start her animal farm and this time she decided
to keep a ledger for her business.
In the beginning of October 2010 she bought 100 day old
broilers and added to some 10 goats that she was rearing.
By December ending her ledger showed the following record:
• Total expenditure ,187,000frs
• Events, 4 dead chicken
• Total Sales, 259,000frs
• 2 cocks worth 20,500frs
She had reinvested some of the money into another set
of chicken, feed, drugs etc and she currently has a total
of 40 one month old broilers, 40 two weeks old and 30
few days old as well.
The new set also shows a clear account of expenditure,
income and events.
The account for the goats is kept separately and there
are 4 big goats for sale. |
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