The purpose of the courses offered is to help participants better manage their businesses. Depending on the course enrolled for, the participants also get access to funding having performed a business appraisal of the financial and technical viability of their potential or existing businesses.
SIMAMA Distance Learning Programme
The SIMAMA Distance Learning Course is an Entrepreneurship course that is delivered online aimed at participants who want to get funding, start a business, and be able to keep business records. Course participants virtually interact with a facilitator and access all course content online. All modules are expected to be completed within 30 days, however, should a participant wish to extend the enrolment period, an extension can be made at an additional cost.
- Understanding entrepreneurship
- Costing and pricing
- Business planning
- Business formation
- Record keeping
- Action plan
E920.00 but currently offered at a discount, at E700.00
- Payment of registration fee
- Have access to smartphone/laptop
How to Register:
Registration is through receipting the payment of the course fee at any SEDCO office located near you and sending an email to the addresses below giving the details of the receipt so that your login details can be developed for access to the platform.
For assistance, you may contact Sibusiso Musi at 76033971 and email at email@example.com. You can also contact us on (+268) 2404 2811/12 and email firstname.lastname@example.org.
Business plan compilation
SEDCO provides professional assistance to New and existing MSMEs for the compilation of bankable business plans as a way of concretizing business concepts for start-ups and business development as well as facilitating access to seed capital for start-up and expansion.
SEDCO promotes an opportunity-driven as opposed to a necessity-driven entrepreneurship culture. Our potential business planning clients need to have a well-researched business opportunity that can be turned into a viable and sustainable enterprise. Such opportunity can be in any sector that has the potential to create jobs.
SEDCO renders bookkeeping services, hence providing an opportunity to entrepreneurs that are willing to outsource and pay for bookkeeping services to do so. This involves the set-up of a system of records and books of account as well as monthly updates and compilation of quarterly management accounts.
To qualify one needs to have an operational business that is financially active in terms of receipts and payments. The client must be willing to agree to the maintenance of his or her books as well as to abide by the terms and conditions of the bookkeeping consultancy agreement.
Compilation of financial statements and management Accounts
This is the compilation of the financial records of the business annually to determine the financial position of the business, the equity of the business as well as the net gains and losses of the business.
To prepare financial statements or management accounts one needs to have an operational business that maintains an up-to-date set of books and records of accounts.
Tax returns compilation
This entails the filing of tax returns to the Eswatini Revenue Authority to determine income tax, provisional tax, and value-added tax due.
To compile tax returns a business needs to have been registered for tax and issued with a Tax Identification Number. A business also needs financial statements derived from books of accounts that are tax compliant. A business also needs to have registered for E-tax so that its tax returns may be submitted online.
Practical costing and pricing
This service intends to help to aspire and operating entrepreneurs to calculate the cost of buying or making the product, storing it, and getting it to the market so that you may be able to determine if there is any profit to be made upon selling the product at a given market price.
To undertake a costing and pricing exercise the business needs accurate costing data from suppliers as well as financial records that are up to date. In some cases, the business may need to have done a trial production to be able to quantify materials, labour, and indirect costs that go into the production of the product.
Tendering process assistance
SEDCO assists entrepreneurs in putting together tender bids for jobs/works or assignments that they are competent for with the hope that the tender shall be awarded to them.
To prepare an effective bid the business needs first of all to be a registered company that is competent in products or services required by the tender. The business also needs to be administratively up to date in terms of its company documents, licenses, taxation, etc. The business should have a company profile that is up to date. Further that the company should have obtained a copy of the tender document specifying the requirements of the tender and should have conducted a site visit so that they could fully comprehend what is required of them as part of the tender. SEDCO will assist the client in quantifying the cost to be involved in delivering the products and services required in the tender.