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Dtalkshop offers help for SMEs
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There is no gain saying the fact that Small and Medium Scale Enterprises (SMEs) play significant economic role in with respect to poverty reduction and employment generation across the globe. Available statistics indicate that SMEs account for about 30 per cent of global GDP and 58 per cent of the world is working population.
In the European Union countries, SMEs constitute over 80 per cent of all firms and employ about 65 million people. In terms of employment generation, SMEs also account for about 60 per cent of the workforce and 25 per cent of the industrial output in Africa today. In Nigeria , even with all the imperfections and contradictions that characterise the country's business environment, SMEs still account for over 65 per cent of the total employment and about 60 per cent of the industrial output thereby stimulating indigenous entrepreneurship and technology.
However, in spite of these enormous potentials, SMEs in Nigeria are currently confronted with myriads of challenges which impede the realisation of their full potentials. One of such problems is the lack of adequate knowledge, by SME operators, of the nitty-gritty of the regulatory and general business environment in which they operate. And to help find solution to this problem, Dtalkshop, an indigenous SME consultancy firm - in collaboration with BusinessDay Media Limited, Diamond Bank Nigeria Plc, MTech, Laredo Foods and Maydrex Global Services - organised a one day Seminar last week in Lagos titled "Start, Sustain, Grow Your Small Business."
The Seminar which brought together over 200 small and medium scale business owners from different states across the federation, explored critical areas such as business concept development, business registration, funding opportunities, tax obligations ,how to explore opportunities in export business, as well as branding and marketing among other things. Most participants received free consultancy including registration of their business names.
Otu Ukoyen, Events Manager of Dtalkshops, told BusinessDay that "SME have received a lot attention lately for their potentials as drivers of economic growth, they are yet to come to terms with the regulatory challenges and other issues that affect the business environment where they operate.The seminar on "How to start, sustain and grow small businesses" , which is has just taken place for the first time, came as a result of pressure from small and medium scale business owners. Their interest have been massive .As a result of this, we are making arrangements towards holding the seminar in every part of Nigeria. "
In the European Union countries, SMEs constitute over 80 per cent of all firms and employ about 65 million people. In terms of employment generation, SMEs also account for about 60 per cent of the workforce and 25 per cent of the industrial output in Africa today. In Nigeria , even with all the imperfections and contradictions that characterise the country's business environment, SMEs still account for over 65 per cent of the total employment and about 60 per cent of the industrial output thereby stimulating indigenous entrepreneurship and technology.
However, in spite of these enormous potentials, SMEs in Nigeria are currently confronted with myriads of challenges which impede the realisation of their full potentials. One of such problems is the lack of adequate knowledge, by SME operators, of the nitty-gritty of the regulatory and general business environment in which they operate. And to help find solution to this problem, Dtalkshop, an indigenous SME consultancy firm - in collaboration with BusinessDay Media Limited, Diamond Bank Nigeria Plc, MTech, Laredo Foods and Maydrex Global Services - organised a one day Seminar last week in Lagos titled "Start, Sustain, Grow Your Small Business."
The Seminar which brought together over 200 small and medium scale business owners from different states across the federation, explored critical areas such as business concept development, business registration, funding opportunities, tax obligations ,how to explore opportunities in export business, as well as branding and marketing among other things. Most participants received free consultancy including registration of their business names.
Otu Ukoyen, Events Manager of Dtalkshops, told BusinessDay that "SME have received a lot attention lately for their potentials as drivers of economic growth, they are yet to come to terms with the regulatory challenges and other issues that affect the business environment where they operate.The seminar on "How to start, sustain and grow small businesses" , which is has just taken place for the first time, came as a result of pressure from small and medium scale business owners. Their interest have been massive .As a result of this, we are making arrangements towards holding the seminar in every part of Nigeria. "
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