The Role Of Small Business And The Entrepreneur

The Role of Small Business and the Entrepreneur in the Cayman Islands Dr. Dax Basdeo Cayman Islands Investment Bureau

Overview ,[object Object],[object Object],[object Object],[object Object]

Entrepreneurship ,[object Object],[object Object],[object Object]

Entrepreneurial Opportunity ,[object Object],[object Object]

The Entrepreneur … ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

… as a driver of economic development ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

… as an agent for social development & environmental protection ,[object Object],[object Object],[object Object]

What is the difference between a small business owner and an entrepreneur? ,[object Object],[object Object],[object Object]

What is a small business? ,[object Object],[object Object],[object Object]

Small businesses are/ involve: ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Starting a New Business Business Plans Management Legal Structure Finding Money Success & Failure

Personal Considerations ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Personal Considerations ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Self Assessment ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

What is a Business Plan? ,[object Object],[object Object],[object Object],[object Object]

Business Plan Importance ,[object Object],[object Object],[object Object]

A few guidelines… ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

5 critical questions ,[object Object],[object Object],[object Object],[object Object],[object Object]

Outline of a Business Plan ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Management Team ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Legal Structure ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Finding Money ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Pitching your business idea ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Protecting your business ideas ,[object Object],[object Object],[object Object],[object Object]

Building Lasting Success ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Avoiding Failure ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Avoiding Failure (cont.) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Exit Strategies - harvesting your rewards ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

In what ways can you exit a business? ,[object Object],[object Object],[object Object],[object Object]

Business Stages Startup Emerging growth Maturity Decline or renewal 1 2 4 3

Small Business in Cayman Small Business Needs Survey, 2003: Department of Employment Relations Sister Islands Investment Climate Survey, 2006: Cayman Islands Investment Bureau

Statistics: Small Businesses ,[object Object],[object Object],[object Object],[object Object]

Statistics: Type of Organization

Statistics: Demographic Information ,[object Object],[object Object],[object Object],[object Object]

Statistics: Funding ,[object Object],[object Object]

Support for Small Businesses in Cayman

Gov’t Support for Small Businesses ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

CIIB : Advice & Counselling ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Funding ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

e: dbasdeo@investcayman.gov.ky t: (345) 244-2268

The Role Of Small Business And The Entrepreneur

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The Role Of Small Business And The Entrepreneur