Sharakah delivered a workshop to 30 students at Gulf College. The workshop titled "Entrepreneurship in a Changing Business Environment", focused on educating participants how to develop and manage cash flow forecast for Small to Medium size businesses. It also focused on providing a better understanding on how to manage a business in an ever changing business environment taking into consideration the internal and external factors that might affect any business.
For around five hours, the students were engaged in discussing terms about entrepreneurship and SMEs, as well as risks associated with businesses. A case study was presented to the students in order to understand how Cash Flow Statements work.
"It is one thing starting a business and it is another managing it through turbulence and a changing environment. Aside from promoting entrepreneurship, we believe that it is important for business owners to understand how to manage cash flow." Commented Maher Al Mahrouqi, Project Specialist at Sharakah
Emad Al Abduwani, student and one of the participants of the workshop said "Overall, the workshop was interactive and informative. The students showed their interest through their intensive participation during the workshop and they commented that there is no doubt this workshop will help them now in their studies as well as in their future occupational life."
A presentation followed the workshop presented by Halima Al Riyami, Marketing Specialist, gave overall information about Sharakah's services and schemes. Halima highlighted Sharakah's role in supporting SME's and presented the three financial schemes Sharakah provides for SME's namely Loan, Equity and Bill Discounting.
Sharakah is a Closed Joint Stock Company incorporated by the Royal Decree (76/98) to support the development of Small and Medium Enterprise's (SME's) in the Sultanate of Oman. It offers financial as well as administrative support.
For further information please contact
Ms. Halima Al Riyami, Marketing Specialist
Mr. Abdullah AL Jufaili, General Manager
Phone: 24479300
Email: info@sharakah.om
© Press Release 2012
