DTI-Laguna and National Irrigation Administration conduct seminar on basics of business finance

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Nagcarlan, Laguna. The Department of Trade and Industry – Laguna Provincial Office (DTI-Laguna), in partnership with the National Irrigation Administration (NIA), conducted a seminar about the basics of business finance last 23 March 2023 (Thursday, 9:00 am to 3:00 pm) at NIA Training Center, Pila, Laguna, which was attended by the initial thirty-one (31) potential micro, small, and medium enterprises (MSMEs).

The program was hosted by Mr. Peter Jason A. Flores of NIA. It started with an invocation and national anthem followed by recognition of guests and participants. Flores had a recap on what they learned from the previous seminar and how it will help their businesses. He then continued the program by introducing the set of speakers: Ms. Joemarie Cruz-Valizado, Business Counselor of Negosyo Center Paete; Ms. Michelle Caymo, Business Counselor of Negosyo Center Nagcarlan; and Ms. Rica Mae Garcia, Business Counselor of Negosyo Center Majayjay.

Cruz-Valizado started the seminar with the discussion on bookkeeping and basic accounting for non-accountants and understanding financial statements followed by financial projection which was discussed by Caymo. The basic pricing and costing principles were then discussed later on by Garcia.

The set of speakers provided the participants with information on how to create a financial plan and financial strategy to ensure the financial success of their businesses in the future. In addition to this, the speakers provided the business owners with basic understanding on the identified topics and made the entire learning experience of the participants complete. A simple workshop on solving a case study relative to record keeping was practiced and the participants wrote their financial plans for their businesses.

The seminar received positive comments from the participants and they expressed their satisfaction with the learning activity. All of the participants who answered the Client Satisfaction Form graded it passed. Overall, the seminar was commended by the potential MSMEs and they expressed their interests to join the future seminars, mentoring and coaching sessions of DTI-Laguna.

All the participants were very grateful for the information through this seminar. They also expressed their gratitude for this opportunity to start and improve their existing businesses with the help of DTI in giving free basic financing seminars. (MFCaymo, DTI-Laguna)

The seminar about the basics of business finance was attended by thirty-one (31) potential micro, small, and medium enterprises (MSMEs).

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Si Venus L Peñaflor ay naging editor-in-chief ng Newsworld, isang lokal na pahayagan ng Laguna. Publisher din siya ng Daystar Gazette at Tutubi News Magazine. Siya ay isa ring pintor at doll face designer ng Ninay Dolls, ang unang Manikang Pilipino. Kasali siya sa DesignCrowd sa rank na #305 sa 640,000 graphic designers sa buong daigdig. Kasama din siya sa unang Local TV Broadcast sa Laguna na Beyond Manila. Aktibong kasapi siya ng San Pablo Jaycees Senate bilang isang JCI Senator.