A large percentage of businesses in Cambodia operate informally with 99 per cent of the total economy
comprising micro- and small enterprises that provide 45 per cent of the total employment. 52 per cent of women are
economically active, and 45 per cent of them are self-employed in the informal sector.
These facts make the Starting your own business course crucial. It ensures more equitable growth by promoting
business concepts and planning for micro- and small-scale enterprises. Subsequently, participants will be able
to get involved in local economic development.
The course will be of great benefit to women, as so many are already involved in both self-employment and the
informal sector.
Content:
The challenge of starting your business
Understanding the business
Analysing and strengthening yourself as a business person
Assessing your personal financial situation
Understanding the different types of business you could start
Understanding what makes a successful small business
Means of finding good business ideas
Testing and developing your business idea into a business plan
Mini market assessment
Calculating of the start-up capital
Sale forecast and price setting
Costs and sale projection
Cash flow
Business action plan
Outcomes
After the five-day training course, participants will be able to:
Assess their potential as business people
Formulate and choose their business idea
Prepare a practical business plan.
A large percentage of businesses in Cambodia operate informally. 99% of the total economy in Cambodia is micro
and small enterprises which offer 45% of the total employment. 52% of women are economically active and 45%
of these women are self-employed in the informal sector . Therefore, "Start Your Business"
Course is crucial
to ensure more equitable growth by promoting awareness and understanding on business concepts and planning of
micro and small-scale enterprise operators or potential entrepreneurs. Subsequently, they will be able to
engage efficiently in local economic development as well as to reduce rural-urban turnovers. The Start Your Business Course will benefit to women at most since a simple majority of them are being involved in the self-employment and informal sector.
