FAQs

What is the Small Business Development Centre, Belize?

The SBDCBelize, is a unit of BELTRAIDE providing one on one confidential, and needs based business consulting and free or low-cost training in proven management fundamentals, helping small business owners and potential entrepreneurs to make sounddecisions for the successful operation of their business. SBDCBelize opened its doors on November 1st, 2012.

How can SBDCBelize help someone just thinking of starting a business?

The SBDCBelize offers Entrepreneurial Assessment, Pre-Business, and Business Planning workshops for those individuals who want general information on starting a business, or who are in the initial start-up phase. SBDC Business Advisors can then help you with the details of turning your plan into a successful reality.

Do you have to be in business to use the services of SBDCBelize?

No. You only have to be considering the idea of opening a business or researching the feasibility of a proposed profit-making venture. This is where our team will assist you along your entrepreneurial journey if it proves to be viable business venture.

My business has been established for some time. How can the SBDCBelize help me?

SBDCBelize provides an array of consulting services to established businesses, including one-on-one consulting in business planning, marketing and promotion, financial analysis, accounting, record keeping, human resources, strategic planning, and new market diversification. In addition, we work along with EXPORTBelize in providing technical assistance regarding trading products and services with clients who are export ready. The Small Business Development Centre, Belize helps businesses in all stages.

What can I expect from my SBDC Business Advisor?

At your initial meeting, your Business Advisor will introduce you to services offered by the center placing high emphasis on confidentiality. During this meeting, your Business Advisor will also review your business needs or proposal, determine a course of action, and identify areas that both of you will be responsible for completing. Your Business Advisor will then follow up with a D6-Project Action Agreement form detailing your meeting and listing the items that both of you will be working on, along with an estimated time frame for completion, and anticipated
outcomes.

Does SBDCBelize charge for its services?

No. The business advisory and technical assistance services are provided at no charge to the client. Nominal fees are generally charged for training workshop.

What type of training programs do you offer?

The Small Business Development Centre Belize, has rolling training calendar that has a training taking place every Thursday in the year. Training carry a nominal fees based on the level of training. Most introductory training are free of cost. Such trainings include but are not limited to:

    • Business Plan Development
    • Establishing a Business in Belize
    • Financial: Accounting, Basic-Bookkeeping
    • Marketing & Sales
    • Human Resource Management
    • Production Management
    • Customer Service
What are the benefits of becoming a client?

When you become a client you will be assigned a Business Advisor that will offer business advisory services to meet the needs of your business after an initial assessment is done. Our dedicated team will offer support in the form of technical assistance and research based on the growing needs of your business.

Are only clients of Belize City and surrounding the focus of the center?

No. We do client outreach from time to time to follow up out district.

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