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Start Your Business (SYB) training package

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Presentation on theme: "Start Your Business (SYB) training package"— Presentation transcript:

1 Start Your Business (SYB) training package

2 Session objective At the end of the session participants are able to describe the objective, target group and components of the SYB training package develop a strategy to market the SYB package

3 Contents What is SYB History Programme objectives Target group
Components of SYB Training delivery Sri Lankan experiences

4 What is SYB ? SYB is a business start up training package
SYB guides potential entrepreneurs on planning their business SYB provides knowledge and skills to develop a Bankable Business Plan

5 Program history The programme has originated in early 90s an ILO technical cooperation project in Fiji embarked on the development of the “Start Your Business” (SYB)

6 Objective of the SYB The objective of the SYB training intervention is to enable potential entrepreneurs with concrete business idea to develop a bankable business plan

7 Target Group Potential entrepreneurs with concrete business idea or having operated an own business for less than a year Entrepreneurs who want to start a new business Ability to read and write Ability to do the basic calculations Technical knowledge/Skills Wilingness to pay for the training

8 SYB Training materials
Contents Components of Business plan Marketing Plan Forms of business Staff Legal responsibilities and insurance Costing Financial Planning Start up capital Action plan for finalizing business plan SYB Manual SYB Business Plan Sectoral adaptation

9 Training Needs Analysis
SYB training cycle Monitoring & Evaluation Marketing Selection Customers Follow-up Training Needs Analysis Training

10 Practicalities Total duration 40 hours/ 5 days Max 20 participants
Each participants should be provided with SYB manual and 2 business plan booklets Linkage with financial and technical service providers

11 Standard SYB time table
Standard IYB training timetable Standard SYB time table Day Monday Tuesday Wednesday Thursday Friday Time 08:00 10:00 Introduction Marketing Costing Financial planning Required start-up capital Tea break 10:15 12:30 Contents of a Business Plan Introduction of the personal Action Plan Marketing continued Costing continued Financial planning continued Sources of start-up capital Lending requirements of financing institutions Lunch break 13:30 15:00 SIYB Game Module I Forms of Business SIYB Business Game Part II How others did it: Example of a successful entrepreneur Part III 15:15 17:00 Module I continued Staffing Part II continued Legal obligations Part III continued Presentation of Action Plans/Closing Eveni ng Individual work on business plans and action plans Individual work on business plans and action plans

12 Thank you


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