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SBDC: Starting a Business in the VI

Starting Your Business In The VI

July 13, 2016

05:00 PM - 09:00 PM

VI Small Business Development Center Training Facility, 8000 Nisky Center, Suite 720, St. Thomas, VI

Mary Joe Williams, 340-776-3206, visbdcstt@uvi.edu


This four hour workshop provides the "nuts and bolts" and beyond, for starting a business in the Virgin Islands. The session begins with a discussion of why businesses succeed or fail, and what it takes to be an entrepreneur. Since sixty percent of all businesses close by their sixth year, it is important to gain the information you need to know before you begin your business. Topics will include writing a business plan, legal structure options, state and local rules, regulations, and licensing requirements, marketing, cash flow projections, record keeping basics, and more. Extensive handouts will be provided. This workshop is strongly recommended for anyone who is considering business counseling with the Small Business Development Center.

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