It was back to business basics for 75 micro and small entrepreneurs who participated in Westpac’s free financial literacy workshops held in Suva and Lautoka over the past few weeks.
Business Basics is a free financial literacy workshop offered by Westpac that helps participants understand what is needed to run a healthy business, how to determine when a business is making a profit, and how to plan for the future. It is delivered by an accredited Westpac Business Facilitator in an easy-to-follow, practical format.
“With gatherings of up to 100 people now allowed, we have resumed our free financial literacy trainings for business owners in the MSME space,” said Westpac Fiji’s Chief Executive, Kip Hanna.
“Now more than ever, it is important that we support our local businesses through the COVID-19 crisis, particularly micro and small businesses that have limited resources,” he said.
Dinsel McGowan, a workshop participant who recently opened her own café after selling pastries at artisan markets for four years, said the training had helped her to better understand financial statements and get ideas about how to run her business in the future.
Another participant, Monika Walter, who specialises in fabric art said the workshop helped her broaden her financial knowledge and understand the importance of diversifying her business.
Over the past three years, Westpac Fiji has helped more than 2,500 entrepreneurs like Dinsel and Monika to boost their financial literacy skills and take their businesses to the next level.
Westpac Fiji has supported our customers and communities through the good times and tough times since 1901 and will continue to be here for you.