Horticulture and
small-scale industry groups received training from World Vision Timor-Leste
(WVTL) on how to create business plans to enable their businesses to grow and
develop.
WVTL
conducted a three-day training on how to create a business plan, including the
implementation of trade and market surveys for horticulture and small-scale
industry groups currently producing virgin coconut oil, crackers and vegetables
in Aileu and Baucau. The three-day training took place at Joao Paulo II Hall,
Comoro, Dili, between 9 and 11 January 2017.
As
well as learning how to create a business plan, the group also had the
opportunity to visit supermarkets currently stocking their products including
Kmanek, Wfour, Lita Store and Leader.
WVTL Agriculture and Food Security Specialist, Roni Pati Tpoi, said the training is very helpful for participants as implementing their own business plans in future will support innovation in their businesses, create efficiencies and maximise potential revenue.
WVTL Agriculture and Food Security Specialist, Roni Pati Tpoi, said the training is very helpful for participants as implementing their own business plans in future will support innovation in their businesses, create efficiencies and maximise potential revenue.
"Progressively, trade is always changing and competition is increasing so
providing business plan training helps business owners anticipate potential
future challenges," said Agriculture and Food Security Specialists, Tpoi.
The
training has helped participants better understand the competition for
agricultural products in both traditional markets and supermarkets, as well as
improved their knowledge of price competition, customer needs and how to
identify potential business risks.
Training participant Bendita da Silva, head of the Baucau Haburas small-scale industry group, which is also involved in savings and loans activities, shared “The training provided us with skills and knowledge on business strategies to help us develop sustainable businesses.”
Training participant Bendita da Silva, head of the Baucau Haburas small-scale industry group, which is also involved in savings and loans activities, shared “The training provided us with skills and knowledge on business strategies to help us develop sustainable businesses.”
WVTL
will provide further training to help participants improve their skills in
business record keeping.
The
Economic Development Programme is funded by the Australian NGO Cooperation
Program (ANCP) under the Australian Department of Foreign Affairs and Trade
(DFAT).
Photo: Trainees
participate in a three-day business planning workshop. Photo: Jaime dos
Reis/World Vision
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