Consulting service provided to would-be entrepreneurs on preparing business plans

girismcilik-danismanlikThe consulting service on preparing business plans was delivered last week to the graduates of the Entrepreneurship Course under the project “Strengthening the Resilience of Syrian Women and Girls” being implemented in Gaziantep jointly by UN Women, ILO and ASAM. A total of 18 women including 14 Syrians and 4 Turks who wished to start business benefited from the consulting service delivered by the trainer Mustafa Hilmi Aybaş on 11-15 February.

The would-be entrepreneurs of the consulting service included women who wished to start shops of hair-dressing, tailor, production and marketing of tomato and pepper paste and breakfast items through natural methods, souvenirs, decoration, boutique dress, shoe-selling and deserts.

The consulting service involved one-on-one interviews around the planning of businesses which the would-be entrepreneurs wished to start. How to incorporate as a legal entity was explained; and questions were posed to the would-be entrepreneurs to assess their level of knowledge in raw materials if they were to engage in production; in affordable supply of products, machinery and equipment for production if they were to engage in commerce; and in the likely neighbourhood where to establish the business, major products, and potential customers in either case.

Potential risks and problems relating to the intended businesses were jointly identified along with possible solutions. Every would-be entrepreneur was informed on financial and non-financial aid schemes; and a financial plan was facilitated for their intended business. Accordingly, such items as business startup cost, machinery, equipment and personnel costing, profit margin were explained to the would-be entrepreneurs. In this context, samples of startup investment costs table; list of machinery and equipment; monthly sales table; monthly promotion budget; monthly personnel costs table; monthly operational costs table and revenue table were prepared.