Financial Plan & Albanian Business Laws – YEA! Awards 2024 / Workshop #3

Date: February 24, 2024

Organizer: Young Entrepreneurs Albania (YEA!)

Workshop Facilitator: Ali Nerguti

Participants: More than 80 students aged 15-20 years old

Venue: Youth Center Atelie, Shkoder, Albania

Young Entrepreneurs Albania (YEA!) organized an insightful workshop focusing on “Financial Plan & Albanian Business Laws” aimed at empowering youngsters with entrepreneurial knowledge and legal understanding. Held in Shkoder, Albania, the workshop attracted over 80 students aged between 15 to 20 years old, eager to delve into the intricacies of financial planning and business regulations in Albania.

Workshop Content:
Led by the proficient guidance of Ali Nerguti, the YEA! Project Coordinator, the workshop commenced with an overview of the importance of financial planning in entrepreneurship. Participants were introduced to fundamental concepts such as budgeting, financial forecasting, and resource allocation. Practical examples and case studies were utilized to illustrate the significance of meticulous financial planning in sustaining a successful business venture.

The second segment of the workshop delved into Albanian business laws and regulations. Ali Nerguti elucidated the legal framework governing businesses in Albania, emphasizing compliance requirements, registration procedures, and key legal considerations for entrepreneurs. Interactive discussions allowed participants to grasp the nuances of business laws and their implications on entrepreneurial endeavors.

Key Highlights:

  1. Interactive Learning Environment: The workshop fostered an interactive learning environment where participants actively engaged in discussions and raised pertinent queries, facilitating a comprehensive understanding of the subject matter.
  2. Practical Insights: Through real-life examples and practical exercises, attendees gained practical insights into implementing effective financial plans and navigating legal complexities in business operations.
  3. Networking Opportunities: Participants had the opportunity to network with peers sharing similar entrepreneurial aspirations, fostering a collaborative environment conducive to knowledge exchange and idea generation.
  4. Guidance from Industry Expert: Ali Nerguti’s expertise and guidance proved invaluable, providing participants with firsthand knowledge and insights derived from years of experience in entrepreneurship and business law.

The “Financial Plan & Albanian Business Laws” workshop organized by YEA! in Shkoder served as a platform for young aspiring entrepreneurs to acquire essential knowledge and skills vital for navigating the entrepreneurial landscape in Albania. By equipping participants with insights into financial planning and legal compliance, the workshop empowered them to embark on their entrepreneurial journeys with confidence and preparedness.

YEA! remains committed to nurturing the entrepreneurial spirit among Albanian youth, and endeavors to continue organizing such enriching workshops and initiatives in the future.

Info: YEA! Awards 2024 is organized by YEA – Young Entrepreneurs Albania and financially supported by Rotary Club Saalfelden and in partnership with Bashkia Shkodër, Qendra Rinore Atelie, Projekt Albanien, YouthStart European Entrepreneurship Award and Next Generation Award Austria, We Grow Together and IFTE.