msmeS financing

Course Tittle:              MSMEs Financing

Course Period:            10 Weeks

Introduction:

The important role micro-, small- and medium-sized enterprises (MSMEs) play across the world cannot be overstated. MSMEs represent the ‘engine’ of economic growth, especially in developing and emerging countries. This course deals comprehensively and clearly with entrepreneurial finance and represents a timely and excellent contribution to our understanding and knowledge of this sector from a managerial perspective. MSMEs are the drivers of entrepreneurship and innovation, and finance lies at the heart of the success or failure of these firms.

This course is essential for entrepreneurs, small business managers, firms or individual finance providers, managers of microfinance institutions, policy-makers and experts in small- and medium-sized enterprises (SMEs) development. The course is also useful for students studying finance and entrepreneurship. Specifically, it is appropriate for both undergraduate and graduate students.

Divided into 9 modules, the course deals extensively with entrepreneurial finance and provides a comprehensive framework for understanding the MSME sector.

Key Learning Objectives:

By the end of this course, you should be able to:

  1. Describe entrepreneurship and business financing,
  2. Set up a new venture development,
  3. Create a successful business plan,
  4. Cum the financial environment for financial providers,
  5. Identify government interventions for MSMEs,
  6. Provide business process leadership and management,
  7. Carryout financial planning and performance analysis,
  8. Estimate the value of the business and raise additional Fund
  9. Adopt appropriate business harvesting strategy.

Course Modules 1 – 10

Module 1:        Entrepreneurship and Business Financing

Learning Objectives:

On completion of Module 1, you should be able to:

  1. Discuss entrepreneurship and business finance
  2. Discuss entrepreneurship and the importance of finance in business
  3. Distinguish corporate financing from entrepreneurial financing
  4. Define the concept of micro, small and medium enterprises
  5. Explain the key characteristics and importance of micro, small and medium enterprises
  6. Identify the constraints to the development of micro, small and medium enterprises

Module 2:        Setting up of a new venture development

Learning Objectives:

On completion of Module 2, you should be able to:

  1. Discuss the various forms of business ownership
  2. Discuss the consequence of information asymmetry in business
  3. Identify the stages of a business life cycle
  4. Discuss financing through the business life cycle
  5. Describe finance sources available to MSMEs
  6. Explain the elements of deal structure and how deals are closed

Module 3:        Business Planning

Learning Objectives:

On completion of Module 3, you should be able to:

  1. Discuss the difference between the business plan of a new business enterprise and that of the established business
  2. Discuss the purpose and importance of planning
  3. Describe the common elements in a business plan
  4. Explain the financial aspect of a business plan
  5. Discuss the importance of business plan to acquire external financing
  6. Discuss the importance of due diligence to the business enterprise and outside investors
  7. Describe business plan implementation and the need to revise the business plan
  8. Discuss reasons why some business plans fail

Module 4:        Cum the financial environment for financial providers

Learning Objectives:

On completion of Module 4, you should be able to:

  1. Identify the component of the financial environment
  2. Discuss how the financial environment impact on small businesses
  3. Describe the purpose of the financial market
  4. Identify the types and functions of the financial institutions
  5. Identify the various financing options available to MSMEs
  6. Explain how financing requirement are determine
  7. Discuss factors that affect the financing choice of MSMEs

Module 5:        Government interventions for MSMEs

Learning Objectives:

On completion of Module 5, you should be able to:

  1. Explain the channels through which government supports MSMEs
  2. Explain the rationale for government interventions for MSMEs
  3. Discuss the role of the government in MSME development
  4. Identify government- and donor-supported funding schemes

Module 6:        Business process leadership and management

Learning Objectives:

On completion of Module 6, you should be able to:

  1. Define a strategy suitable for the business
  2. Develop a marketing plan relevant and timely to achieve the business objectives
  3. Describe the financial health of the business
  4. Describe human resources needs for adequate planning
  5. Discuss not only equipment and technology needed to operate the business, but also for communication, marketing and sales purposes etc.
  6. Design business operations processes capable of creating and delivering products or services to customers

Module 7:        Financial planning and performance analysis

Learning Objectives:

On completion of Module 7, you should be able to:

  1. Discuss the integrated financial statements model
  2. Perform vertical and horizontal analysis of financial statements
  3. Judge the performance based on financial ratios
  4. Prepare cash budget and sales forecast
  5. Identify the determinants of MSMEs’ financing needs
  6. Describe the components of working capital management
  7. Discuss the importance of proper inventory management
  8. Discuss how firms invest or manage surplus cash

Module 8:        Estimate the value of the business and raise additional Fund

Learning Objectives:

On completion of Module 8, you should be able to:

  1. Determine the time value of money
  2. Discuss the rationale and factors affecting capital budgeting decisions
  3. Evaluate capital investment decisions
  4. Identify the various valuation models
  5. Estimate the value of new business and small businesses

Module 9:        Harvesting Business Investment

Learning Objectives:

On completion of Module 9, you should be able to:

  1. Identify the various techniques involved in harvesting
  2. Describe how investors can use going public to harvest their investment
  3. Describe how investors can harvest their investment through acquisitions
  4. Describe how management buyout can be used as a form of harvesting
  5. Describe how employee stock ownership can be used for harvesting
  6. Discuss the factors that influence the investors’ harvesting decisions

Module 10:      Practical Session

Module 10 is practical and will test your understanding. It deals with the following:

  1. Examples,
  2. Illustrations,
  3. Case Studies, and
  4. Capstone Project. 

Attendance is either by Physical or Virtual

Venue:             Suite 15, Kenneibeh Plaza, New Nyanya, Karu LGA, Nasarawa – Nigeria

For virtual participants, after verification of payment, a link will be sent to them for the purpose of the training.

Course Fee:

Physical Attendance                               –          N350,000

Virtual Attendance                                  –          N300,000

Goddmmaste Consulting, Investment Company Ltd

Account Number:                   1016356752

Bank Name:                            Zenith Bank Nigeria

Contact:

Email:               goddmmastecicltd@gmail.com  &  goddmmastecic@yahoo.com

Phone:              +2348063569341  &  +2348094860494

WhatsApp         +2348063569341