Universal Merchant Bank (UMB) in partnership with accounting and audit firm, KPMG, held their first training seminar at the ‘UMB Centre for Businesses’ for their Small and Medium Size Enterprise (SME) clients at kasoa on June 11, 2018.
The session was to train and empower clients in best business practices ranging from bookkeeping, tax compliance, corporate governance and succession planning, among other relevant business subject matters. The one out of three part seminar was attended by about 30 selected clients from different segments of the SME sector.
The second and third SME training seminar will be held at the ‘UMB Centre for Businesses’ in Madina and Kumasi on June 25 and July 16, respectively, for SME clients in and around those township.
The business training seminar included a combination of technical sessions, addresses and case studies through interaction with the participants and practical training.
The interactive sessions, facilitated by KPMG and UMB, focused on building robust succession plans, keeping reliable accounting records, increasing job opportunities, reforming their governance structure etc…, that will help in ensuring business continuity and scalability as well as making them viable for financing from universal banks and achieving overall growth in their businesses.
The seminar was an opportunity for the bank to discuss concerns and suggestions by the participants. It also enabled the exchange of ideas, thoughts and expertise regarding setting up and running a successful small and medium scale enterprise.
Participants welcomed the opportunity to exchange views on business strategies with the seminar facilitators and business peers.
Source: Aikins Agyei/pinkfmonlinegh.com s