Under our Inclusive Linkage in Central America and Dominican Republic Project, a joint agenda for Tourism Development at the Border zone Belize-Guatemala was recently formulated after intense consultations with public and private stakeholders from Belize and Guatemala. The purpose of the joint agenda is to promote the tourism development in the border zone which includes San Antonio, San Ignacio/Santa Elena, San Jose Succotz, Benque Viejo, Melchor de Mencos and Flores Peten through capacity building and the establishment of strategic alliances among stakeholders to generate sustainable development at the border zone. Continue reading “Joint Agenda for Tourism Development at the Border Zone Belize-Guatemala”
The Belize Trade and Investment Development Service (BELTRAIDE) is pleased to announce the “Micro-Enterprise Utility Start-up Package” for the promotion, strengthening and support of the newly registered Micro Enterprise (ME). Micro Enterprise is defined as a business with:
a) less than 5 employees; or
b) less than $100,000 in annual sales; and
c) less than $50,000 in capital investment.
With the support of the Government of Belize, through its Office of Public-Private Dialogue, BELTRAIDE had partnered with the Belize Telemedia Ltd (BTL), Belize Water Services Ltd. (BWSL,) and Belize Electricity Ltd. (BEL) to make this initiative possible. These three key utility service providers will be offering attractive packages for new starts-up businesses. The packages will waive connection fees and deposits for these three utilities.
By Mike Ward
“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 increa
sing 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”
In Belize, the small business community, known as MSME-(Micro, Small, and Medium enterprises) is a vital sector for economic development. It is estimated that MSMEs account for over 70% of main export crops and an even higher percentage of domestic food crops. It is within this spectrum that the Government of Belize has strengthened its focus on supporting the development of the MSME Sector.
How is the SBDC beneficial to you?
The provision of long term one-on-one assistance to SBDC clients is of priority to us. You can receive assistance from a counselor at any point in your business operation. The technical trainings and advisory services provide YOU, our valued SBDC client, with technical information at workshops, and ensured implementation through personal follow up advice from a counselor to answer any questions.
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