‘Calculate it Right’ workshop held at Nizwa Cultural Center

MUSCAT: Supported by BP Oman, Sharakah conducted ‘Calculate it Right’ workshop at Nizwa Cultural Center.

The workshop is one of BP Oman Social Investment programmes. It aims at increasing awareness about the basis of starting a business and the importance of financial planning. It covers the methodology of calculating capital requirements for any business, cost of finance, predicting sales assumptions, understanding the resources needed to run a business and the factors that could affect sales assumptions.

Shamsa Al Rawahi, BP Oman’s Social Investment Programme Officer said: “We are delighted to conduct this workshop with Sharakah for community members to increase their awareness about entrepreneurship and finance. The workshop received positive response from the participants as it was presented in an interactive manner and used a real case study to explain the basis of proper business planning.”

Faris Al Harthi, Project Specialist at Sharakah who delivered the workshop said, “When we deliver these workshops we always keep in mind that participants come from different backgrounds. Accordingly, we start with easy and simple exercises then gradually introduce real case studies. Indeed, the participants appreciate that we further offer an opportunity to discuss their business cases.”

The workshops will continue over the next few months and will be delivered in various locations across Oman. Those interested can follow Sharakah’s social media account for more information.