ACCESS  

Resource Management

  • This series of modules will take the women entrepreneurs through all the difference aspects of resources management such as export finance, intellectual property and new information technologies.


    CASH FLOW MANAGEMENT

    Cash flow managementCash flow management is about analyzing and understanding the differences in timing between when your company has to pay cash for supplies and raw materials, employee salaries, office rents, taxes, interest payment, equipment and other expenses and when your company receives cash from customers for goods or services purchased or proceeds from drawing cash.

    The module helps you to understand how to anticipate when such a cash shortfall might happen, for how long and at what degree.


    LEARNING OBJECTIVES

    ITC has developed this learning course as part of its continuing mission to develop and improve world trade, especially for developing countries and women entrepreneurs. The specialist authors have drawn from their experience and from the learning gained from respected works used in their personal development to enable you to:

    • Understand the importance of managing your company’s cash flow;
    • Discover ways to improve your company’s cash flow;
    • Become familiar with the different elements to consider when developing a cash forecast;
    • Learn how to prepare a cash flow statement for your company;
    • Learn how exports may impact your cash flow.

    EXPORT FINANCING AND GETTING PAID

    Export financing and getting paidSelling internationally can bring you great benefit, from higher margins to expanded markets and a broader range of customers for your company’s products. But selling internationally also introduces additional tasks and complications, such as dealing with logistics, customs regulations or even unfamiliar business practices of different cultures. As an exporter you will be confronted with new risks to manage as well, such as currency risk or the political risk of foreign lands. “Export Financing and Getting Paid” module allows you to answer to the following questions: Can the importer rely on you as an exporter to ship the goods? How can you ensure that you receive an adequate payment?


    LEARNING OBJECTIVES

    ITC has developed this learning course as part of its continuing mission to develop and improve world trade, especially for developing countries and women entrepreneurs. The specialist authors have drawn from their experience and from the learning gained from respected works used in their personal development to enable you to:

    • Understand the importance of proper export financing;
    • Know what different types of export financing exist and the factors that will influence your company’s choice;
    • Know what sources to contact in order to obtain export finance;
    • Gain a better understanding of the main methods of payment and when each method should be considered.

    INFORMATION & COMMUNICATION TECHNOLOGY

    Information & communication technologyICTs allow an enterprise to improve the effectiveness and the efficiency of performing business tasks and management activities in order to support the design of a successful business strategy, build business capabilities, conduct business transactions and manage the resources needed.

    In this module you will understand the role of ICT in today’s business world and know the importance in establishing an efficient ICT system in your company.


    LEARNING OBJECTIVES

    ITC has developed this learning course as part of its continuing mission to develop and improve world trade, especially for developing countries and women entrepreneurs. The specialist authors have drawn from their experience and from the learning gained from respected works used in their personal development to enable you to:

    • Understand the role that Information and Communication Technology (ICT) plays in today’s business world;
    • Understand the hurdles faced by small and medium size enterprises for adopting ICT in the national context;
    • Understand how various types of ICT application can be used to increase your efficiency and effectiveness;
    • Know the important elements in establishing a web presence;;
    • Draw conclusions as to how to apply ICTs to your organization.

    INTELLECTUAL PROPERTY

    Intellectual PropertyWomen entrepreneurs are active in areas that make use of their traditional knowledge such as handicrafts, services and small-scale farming. All of these sectors pose unique challenges in obtaining intellectual property protection. In fact, women entrepreneurs may not know that intellectual property systems exist. The module “Intellectual Property” provides all the basics of intellectual property rights that you should know as an innovative entrepreneur, by highlighting the benefits of protecting your invention and the way to reach the right institution.


    LEARNING OBJECTIVES

    ITC has developed this learning course as part of its continuing mission to develop and improve world trade, especially for developing countries and women entrepreneurs. The specialist authors have drawn from their experience and from the learning gained from respected works used in their personal development to enable you to:

    • Understand the basics of intellectual property rights;
    • Be aware of the benefits of intellectual property protection for exporting, and of the common mistakes to avoid;
    • Understand the different modes of protection of intellectual property rights;
    • Be able to seek legal advice and make an informed decision about intellectual property protection.

    MAKING RESOURCES DECISIONS

    Making resources decisionsJust like a driver who wants to reach a destination, the manager of an SME applies her skills and knowledge for her business to reach its goals. Understanding the distinction between management and business is important for the discussion of the knowledge and skills required to make rational decisions concerning the “business” of an SME.

    This module illustrates the kinds of resource decisions that managers make, the competencies that are needed and consequences in case of mistakes.


    LEARNING OBJECTIVES

    ITC has developed this learning course as part of its continuing mission to develop and improve world trade, especially for developing countries and women entrepreneurs. The specialist authors have drawn from their experience and from the learning gained from respected works used in their personal development to enable you to:

    • Distinguish between symptoms and causes of enterprise problems; understand the causes;
    • Know the types of resources of the enterprise and understand the enterprise’s need for resources;
    • Understand the nature of the resource decisions to be made, and be able to make those decisions;
    • Understand the investment decision process and be able to avoid a classic investment trap.