Toolkit - WIDE - Women Integration through Digital Entrepreneurship

Access to finance

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Financial Literacy

Objectives & GoalsClick to read

At the end of this module you will be able to:

Understand the basics and principles of entrepreneurship

Acquire abilities to discover opportunities for self-employment

Gain knowledge of the main alternative means to credit and how to choose among them

Search for and exploit alternative funding opportunities related to crowdfunding, business angels, venture capitalists or grants

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Role and structure of entrepreneurshipClick to read

Entrepreneurship is the capacity and willingness to create, plan, and manage a business operation, including all of its uncertainties, with the goal of turning a profit. Starting new enterprises is the most well-known example of entrepreneurship.

4 Types of Entrepreneurship:

Small Business Entrepreneurship
Scalable Startup Entrepreneurship
Large Company Entrepreneurship
Social Entrepreneurship

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Selection of a business ideaClick to read

Define goals
Determine objectives to reach goals
Assess resources and make decisions
Create contingency plans for managing changes
Rationally assess operational feasibility and financial viability

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Money and transactions Click to read

According to the Transaction definition, it is a finalized agreement between a seller and a buyer for transferring goods, services, or financial assets in exchange for money is known as a transaction.

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Planning and managing financesClick to read

Financial Planning is the process of:

Estimating the capital required and determining it’s competition
Framing financial policies in relation to procurement, investment and administration of funds of an enterprise.