Business Modelling and Strategy

Existing businesses and entrepreneurs alike can benefit from the upcoming ‘Business Modelling and Strategy’ workshop from 5th to 6th October, 2009 hosted by the Cayman Islands Investment Bureau.

A press release states the 2-day workshop is being held in conjunction with the Caribbean Development Bank’s Caribbean Technological Consultancy Services programme. The workshop is being facilitated by Dr. Dax Basdeo, Executive Director of the CIIB and Mr. Kenneth Harvey, Investment Officer with the CTCS programme.

The Bank’s Caribbean Technological Consultancy Services programme was designed to support the development of small businesses throughout the region. Participants have the opportunity to participate in training attachments to learn best practice within their industry. Alternatively, the programme subsidizes in-country specialized assistance to address specific business concerns.

Business Modelling is a dynamic approach, to conceptualising, planning and executing a business idea. A properly conceived business model is the foundation of a successful business and empowers the entrepreneur to innovate and improve opportunities for success.

Topics that will be covered in this workshop will include:

Building a strong business model;

Explaining the business model through a business plan;

Developing a strategic plan;

Use of Excel in costing your business model;

Developing a pricing strategy.

The workshop will be held in the Cayman Islands Investment Bureau boardroom and due to space limitations, pre-registration is necessary. Sessions will be held 9am to 4:30pm and lunch will also be provided. Participants must bring their own laptop computer.

Mr. Harvey will also be available on the 7th and 8th October to discuss with individuals, one-on-one, how to seek assistance through the CTCS programme.

Register to learn more about how to better model your business to meet your financial objectives. For details call the Investment Bureau on 945-0943 or email [email protected].

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