Entrepreneurs from agriculture and finance sectors participated in a business management and formalization training organized by TAPBDS at Malinyi District Council hall in Morogoro Region.
Referring to statistics of Tanzania’s strides in tracking business activities and improving data on enterprises, many SMEs lack structured business plans, with reports indicating that over 78% of these businesses operate without formal plans. Moreover, around 65% face hurdles in accessing financial resources and markets (2023/24 Business Register Census, NBS).
As part of filling the gap, the training equipped participants with the understanding of the business registration process, how to obtain licenses and permits, and establishing effective systems for business operations. Participants also gained insights on the importance of complying with legal requirements as a driver of business growth.
A series of training sessions we offer to entrepreneurs has had a positive impact on business sustainability and the economy as a whole. Get in touch with TAPBDS to access business management services and take the next step towards realizing your business goals.