PwC

Annually PwC builds the skills of more than 30 under privileged women from rural areas in KZN through the Business Skills South Africa (BSSA) foundation to provide business and entrepreneurial skills to previously disadvantaged communities in order to create jobs, promote sustainability and increase revenue streams. Over several days, the women are taught how to develop a business plan, which is supported by financial projections, financial management, pricing and costing, practical marketing, and business management. On completion of the course the women are able to understand amongst many other things, how profit is calculated in a business; understand the factors which determine the ‘right price’; understand the concept of working capital; prepare a budget; understand the importance of stock control; prepare cash flow projections; and know how to present a business plan to financiers. The training is provided by BSSA trainers and monitored by PwC.