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5 STEPS TO SMALL BUSINESS SUCCESS!!


Many business people achieve their greatest successes in unexpected areas. They begin a business and then they find that it isn’t as profitable as they had anticipated, so they change direction, using their experience and their momentum, and strike pay dirt in something else. 

The most important thing is to begin. To take action. To move forward one step at a time, learning and growing as you go. There is enough information available in virtually every field for you to become knowledgeable enough to achieve success, but action is necessary.

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1. Begin With A Dream: Fortunately, even if you know nothing about business, you can begin with a dream, a castle in the air, and then build a foundation under it and achieve great success. Continue reading “5 STEPS TO SMALL BUSINESS SUCCESS!!”

Grow your business through better cash management


By Mike Ward

Publisher: U.S. Bank – Posted on 02/08/2013

“When it comes to your small business one of the biggest challenges can be having the cash to grow. There are a number of “cash management” tools offered by banks that can help your business pick up surprising amounts of cash flow without increamoneysing traditional borrowing levels.

As simple as it may seem, before you can identify tools to improve cash flow you must understand your company’s cash cycle. The cash cycle consists of:

  • How you get paid.
  • What you do with the cash you have on hand.
  • How you pay it out.

Getting paid

Getting paid faster clearly builds available cash. Small businesses can’t always negotiate better payment terms with their customers, but they can make it easier to get paid and also move money to their account more efficiently. Start by ask yourself: Continue reading “Grow your business through better cash management”


Are you constantly thinking how to create and build new business ideas or how to improve it?

If you answered yes to this question, then this workshop is designed for you.

 The session will provide you with:
  • Skills and knowledge necessary to effectively assess yourself 
  • Ability to utilize the tools to develop innovative business ideas, 
  • Ability to develop marketing strategies, 
  • Provide you with tools to effectively generate a business model that will allow you’re venture to be unique, structured, and focused;
    leading to profitability.  

Guest Speaker  Mr. Michael Singh

CEO for Ministry of Trade, Investment Promotion, Private Sector Development and Consumer Protection at Government of Belize and also an Entrepreneur! 

Date:June 20th, 2013 at 9am to 12pm
Location: University of Belize
Faculty of Management and Social Sciences,
West Landivar,
Belize City, Belize
COST: $20.00

What’s great about owning a Small Business?


Just imagine:

  • identifying a product or service that people want
  • doing what you love to do
  • doing something useful, or for which there’s a clear need
  • creating something new
  • improving people’s quality of life or work.

Imagine doing any one of these, and being paid for it. Imagine getting full credit, both monetarily and in client satisfaction, for your great business idea.2009_1210_cp_who_are_the_garifuna_580x290

The wonderful thing about small business is that enterprise-ready ideas are all around you. Consider these activities as business opportunities:

  • cleaning
  • mowing lawns
  • washing cars
  • walking dogs or washing pets
  • looking after younger children
  • umpiring sports matches
  • teaching people to swim
  • organising discos, dances or school excursions
  • finding information on the Internet
  • designing and producing greeting cards
  • printing brochures for local churches or associations
  • baking biscuits
  • translating for people who don’t speak much English
  • reading for blind or elderly people
  • lending books, toys or bikes.

People are prepared to pay you for these things for all sorts of reasons:

  • They don’t have the know-how.
  • They physically can’t do it by themselves and need assistance.
  • They don’t know where to find the information they need.
  • They don’t have the necessary equipment, such as the sound system or the computer.
  • They want to use something, but don’t want to commit to buying it.
  • They’re very busy.
  • The job has to be done and there is nobody else to do it.

Ent. workshop ad.

 

SBDCBelize, BELTRAIDE  and Mr. Jose Herrera, Lecturer for Small Business Management at the University of Belize is presenting the Entrepreneurship Development Workshop which will be held on February 27th, 2013 on campus!!!

For more information contact SBDCBelize, BELTRAIDE at Tel: 223-3195 or email us at: sbdc@belizeinvest.org.bz

Hope to see you there!!!

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