The Grand Bahama Chamber of Commerce (GBCC) in conjunction with the Invest Grand Bahama Small Business Bureau (IGBSBB) and RBC Royal Bank will host a Sense and Cents of Business Planning Seminar on Thursday, February 11, 2016.

Mick Holding, GBCC 1st vice president during a press briefing on Wednesday, February 3, 2016 noted that ‘Time for Action’ is the theme for the organization this year, which executive board members intend to use as motivation to move full speed ahead to successfully execute several projects and initiatives benefitting the local economy.

Grand Bahama Port Authority IGBSBB chairman Charles Pratt excitedly announced, “We are proud today on behalf of the GBCC president, executive officers and board of directors in collaboration with the IGBSBB and principal sponsor RBC to bring to the business community and general public this seminar for 2016 that will be one of many.

“Last year, Mr. Holding and I canvassed a lot of the local banks along with other committee members to gain a better appreciation of what the challenges are facing small and medium sized enterprises and entrepreneurs seeking working capital or business loans.

“We received a lot of information, which has translated into what we intend to bring to the public in the seminar that will focus on proper business planning.

“Everything from the idea to actual funding of the business and sustaining it going forward will be discussed.

“Indeed we were elated that the Royal Bank of Canada  (RBC) saw the need and partnered with the GBCC and IGBSBB to sponsor this most important seminar for the Grand Bahama business community.

“Depending on the number of registrants participating in the seminar, two sessions will be held with one offered in the morning and the other in the afternoon.

“Therefore, we are appealing to small and medium sized enterprises as well as entrepreneurs and other interested persons, who understand the challenges with doing business in Grand Bahama to come out and support this event.

“The fee associated with the seminar will be $5.00 for members of the GBCC and $10 for non-members, which is a steal as high valued information will be dispensed for the benefit and growth of participants’ business and by extension the economy of Grand Bahama from east to west,” said Pratt.

RBC Representative Marvin Adderley noted that the financial institution is elated to assist in the Sense and Cents of Business Planning Seminar.

He also revealed that several topics of particular importance and interest would be discussed for the benefit of all patrons of the seminar.

“As previously stated, a variety of topics will be discussed during the seminar concerning proper business planning.

“Small and medium sized enterprises and entrepreneurs will learn all about the need for developing proper business plans as well as succession planning, as oftentimes such matters are not taken into consideration.

“Additionally, an in-depth look into how best to present a business plan and achieving financial goals will take place during the seminar, therefore we are encouraging everyone to come and participate in an effort to elevate and enhance one’s knowledge base concerning such matters.

“This seminar is indeed timely and offers a boost in strategizing a plan of action to get small and medium sized enterprises and entrepreneurs, who are purpose driven and goal-oriented to set their business on the right and proper course,” said Adderley.

For more information about the Sense & Cents of Business Planning Seminar and to register visit the Grand Bahama Chamber of Commerce, Grand Bahama Port Authority and Royal Bank of Canada (RBC).

 

Original Source – Nassau Guardian