Page 47 - Islands Business May 2023

SPBD

(Seated, L-R) MTCSMEC Business Advisory Manager, Aslam Khan; SPBD Director, Lorraine Seeto; and SPBD General Manager, Elrico Munoz with Financial Education
Facilitators who participated in the first training conducted on 27 April.
THE IMPORTANCE OF KNOWING YOUR

BUSINESS, AND YOUR WORTH

What does it take to be a successful business owner? It assist their centre members with preparing weekly Cash
starts with identifying the nature of the business, says Aslam Flows and Business Plans. They are also responsible for
Khan, Business Advisory Manager - Central Division of the Fiji checking their members’ Financial Diaries and empowering
Ministry of Trade, Co-operatives, SMEs and Communications them with business tips at weekly meetings. The FEFs are
(MTCSMEC). also responsible for collating the information required for
After a hiatus of two years, SPBD has resumed its Financial business registration from their members. This will expedite
Education Facilitator (FEF) training – in partnership with the process as the information will feed immediately to the
MTCSMEC and the Fiji Revenue & Customs Service (FRCS) SPBD Fiji Bloom Assistant, Vika Vinakadina, who will assist in
– with two sessions in April and May. A total of 43 Financial registering SPBD’s members’ businesses.
Education Facilitators, each representing 43 different SPBD “A business owner should know the type of business they
centres based in the greater Suva-Nausori area participated in are running. So, if someone asks, ‘What type of business do
the ‘Improve your business’ training. you do?’ one would say, ‘I own a manufacturing business or I
SPBD’s Financial Education Facilitators are trained to make food and sell it,’” said Khan.

(Seated, L-R) MTCSMEC Business Advisory Manager, Aslam Khan; SPBD Director, Lorraine Seeto; and SPBD General Manager, Elrico Munoz with Financial Education
Facilitators who participated in the second training conducted on 4 May.

Islands Business, May 2023 47
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