The Economic Development Board (EDB), host agency of the SheTrades Mauritius Hub, held the third session of its Financial Literacy Training Programme, in collaboration with the Indian Business Council, on Wednesday, 17th June 2026.
As a continuation of the first two financial literacy modules, this session focused on Financial Planning, a critical element of business success and sustainability.
In her opening remarks, Mrs Nirmala Jeetah, Director of Healthcare, Life Sciences and the SheTrades Mauritius Hub at the EDB, emphasised the importance of strategic financial planning in business success. She highlighted that successful businesses do not simply happen day by day but are, rather, built by design. She also stated that financial planning is the roadmap that transforms a business vision into a predictable and scalable reality. By mastering financial forecasting, cash flow budgeting and risk mitigation, entrepreneurs can move beyond merely seeking financing to presenting robust and credible growth plans.
The session was delivered by Dr Suresh Nanda, a distinguished banker and member of the Indian Business Council, drawing from his extensive professional experience. Participants were guided through the process of setting financial goals and developing long-term financial plans to support business growth.
Dr Suresh Nanda explained the importance of defining short-term objectives, medium-term goals and long-term aspirations. He also provided practical guidance on asset financing and working capital management, while introducing participants to various methods of revenue forecasting and the fundamentals of break-even analysis.
The training further explored a range of business financing options, including loans, grants, angel investment and crowdfunding among else. Participants gained a clearer understanding of how these financing mechanisms can be leveraged for business expansion and asset acquisition.
Another key focus area was business performance measurement. Dr Nanda discussed important concepts such as Customer Acquisition Cost (CAC) and Customer Lifetime Value (CLV), highlighting their role in assessing profitability and supporting informed decision-making.
Practical strategies to improve revenue generation and profitability were also shared, including effective pricing approaches, product and service bundling and cross-selling opportunities among else.
To conclude Dr Nanda emphasised the key pillars of business success: revenue drives growth, profit measures performance, cash flow ensures survival and discipline sustains long-term success. He also reminded participants that sound decisions should be based on facts and analysis rather than guesswork.
The Financial Literacy Training Programme continues to provide women entrepreneurs with practical tools and knowledge to strengthen their financial management capabilities and position their businesses for sustainable growth.
Women entrepreneurs are encouraged to join the SheTrades Mauritius Platform and take advantage of a wide range of business development opportunities, resources and networking prospects.
