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Bank Muscat to host workshops on basics of finance for SMEs.

Bank Muscat will host two workshops on 'Basics of finance and cash flow management for SMEs' in Muscat and Salalah, a press release said.

The first workshop will be held in Muscat at the bank's head office on May 30 and the second workshop in Salalah on June 1 at Crowne Plaza Hotel. The workshops are organised by Al Wathbah, Bank Muscat's SME department, as part of activities aimed at expanding and strengthening avenues for SME development in Oman.

Expert trainers will lead the workshops for existing and prospective entrepreneurs to familiarise them with the basics of finance and cash flow management. Topics to be covered include balance sheet, income statement, cash flow statement, sources and use of cash for SMEs, main cash financial indicators and ratios. The workshop is designed to help the participants evaluate whether their business is healthy from a cash perspective and how to take managerial decisions based on the basics of finance and cash flow management.

Bank Muscat regularly organises workshops and seminars to facilitate unique learning opportunities to address the challenges faced by entrepreneurs and thereby create an environment favourable for SME success.

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Publication:The Week (Muscat, Oman)
Geographic Code:7OMAN
Date:May 25, 2016
Words:201
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