A multi-skilled team of 13 professionals from FTI Consulting South Africa supported 4 young township-based entrepreneurs located in the KwaThema Township in the East of Johannesburg, through a two-day business skills workshop aimed at promoting economic growth and reducing poverty by building Small, Medium & Micro Enterprise Businesses (SMMEs).
The businesses included a new cyber café providing a community service, small beauty business and a fashion designer. The two day workshop covered a wide range of topics including legal challenges in setting up a business, marketing fundamentals and techniques, basic financial management, leadership skills, growing strategies and eventual exiting.
OUR IMPACT
The FTI support included providing 77 pro bono hours (US$19 670) in preparing and delivering a two-day workshop to support the 4 young entrepreneurs exposing these young business owners to the dynamics of entrepreneurship and the thinking that underpins successful business management .