TechnoServe Trains Retail Shop Owners

In a bid to assist and increase their financial returns and grow their business, TechnoServe Nigeria, a business organisation, recently organised a workshop for small scale retail shop owners in Abuja on how to horn their marketing and inventory skills. The project aims to increase financial return and growth of 60 Mom and Pop Shops (MPS) in Abuja, by providing business solutions to the challenges they face. According to the Country Director, TechnoServe Nigeria, Mr. Umunna Larry, “The Nigeria programme is geared towards working with 150 shops and we anticipate that 75 per cent will adopt digital business enhancing solutions and at least half will increase their revenues by a minimum of 30 per cent. Larry explained that the Mom and Pop Shop Project is a two-year project that started in October 2015, is in the country to assist small retail shop owners to increase their financial returns and grow their businesses. He said: “We are working with small retailers that allow TechnoServe to create a double impact, increasing employment and livelihoods by improving the shops efficiency and creatingmarket opportunities for products from local small-scale farmers and processors.” “This will be achieved by improving the performance of retailers in last mile retail sector, meaning better financial and operations management, better marketing and inventory management.