Small and medium enterprises are the way to go for a significant section of the business population. They are actually relatively simple to set up compared to large businesses that need a huge capital base to start. Therefore, interested parties have created programmes to educate people about SMEs. These programmes and speakers include the following.
The Negosyo Act was established to boost development and economic growth by encouraging the establishment of SMEs. These small businesses help create employment, thus fostering economic growth. In addition, these centres provide business registration assistance, advisory services and business information and advocacy.
Kapatid Mentor Me Programme
This programme was started by the trade department in the Philippines to educate entrepreneurs on skills to start and run small businesses. The week-long programme has 10 modules which comprise product development, accounting, marketing, obligations and contracts, finance and operations management. The Kapatid programme is open to business owners who have been in practice for a year or longer.
Doc Hendley is an American with vast knowledge of entrepreneurship and starting SMEs. He is the founder and President of the Wine to Water organisation. He is a great speaker who teaches new entrepreneurs how to go about business. Also, he is an author and has spoken on topics such as digging for hope and hell or high water. Quite resourceful for any budding SME owner.