ABii National Savings and Loans, in collaboration with Lendahand of the Netherlands, has organised a training seminar for its SME customers in Accra.
It sought to bring together SME customers of the company and adequately equip them with some essential business tools, as well as assist them with adequate capacity to build and grow their businesses.
The training brought together about 50 small and medium scale enterprises within the Greater Accra Region, which were taken through topics such as the role of book-keeping in business, role of corporate governance in business growth, and the role of stakeholders in business growth.
Speaking at the opening of the seminar, Mr. Godfried Osei-Boakye, Managing Director of ABii National, said the event sought to equip business owners with basic book keeping and other financial tools, teach participants the importance of stakeholders in business growth, and expose the trainees to proper financial practices which could help grow their businesses.
“It is also meant to assist the SME operators to appreciate the role of corporate governance in business growth, and educate the SME operators in how to grow a business from a one-man entity into a multi-million business venture,” he said.
Mr. Osei-Boakye said there was the need for SMEs to be educated on basic business practices if they were to grow and become multinational companies.
He said checks at the Registrar General’s Department had revealed that 92 per cent of registered businesses were SMEs, hence the need to build their capacity to grow.
Mr. Noah Otuteye, Head of Finance and Operations at ABii National, in an interview on the sidelines of the seminar, said the company placed high premium on its SME clients because he believed they held the key to the success of the company.
Mr. Abdul-Malik Bukari, Head of Business Development, ABii National, said there were plans to extend the workshop to other regions in the country to equip their clients with the necessary skills and tools which would allow them to grow their SME businesses.
By David Adadevoh