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Edward
(@Edward)
Trusted Member

Are there reliable business consultants in VI, people with skills in business planning, marketing, financial planning, etc., who can assist entrepreneurs to start new businesses and work with existing businesses in strategic planning?

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Topic starter Posted : April 10, 2009 11:13 am
bathiel
(@bathiel)
Trusted Member

Not sure about all of the skills you listed, but I run a small marketing consulting firm that might be able to help. I'm on island four months out of the year, but the rest of the time could certainly work remotely with clients. PM me if you want to discuss.

Bernie

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Posted : April 10, 2009 12:40 pm
vroberge
(@vroberge)
Advanced Member

I concur. I also run a Information Technology consulting business and can help in that regard. I think if you can't get what you need all in one place, you can at least pull the necessary talent together locally.

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Posted : April 10, 2009 12:43 pm
Betty
(@Betty)
Trusted Member

Its more like you can't find all the things you listed in one firm. Remember really small island. Stateside our population would make us a speck on the map. So bathiel could help with marketing, merrill lynch could help financial planning, some lawyers help with getting business set up, etc...

Its less like you need strategic planning and more like you need common sense here to get a business off the ground. Which is hard for some when they come here in the honeymoon phase.

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Posted : April 10, 2009 12:46 pm
Edward
(@Edward)
Trusted Member

Thanks! I'll definitely be in touch. I'll be on-island year-round.

Maybe we can form a consortium to help new and existing businesses.

I've seen too many enthusiastic start-ups crash after a short time. Too much fervor, not enough cash or know-how.

My skills are highly specialized. I won't depend on island business for income, but could offer my specialty when it's needed.

Seems like there could be a need - small though the market is - for a one-stop shop for entrepreneurs.

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Topic starter Posted : April 10, 2009 1:20 pm
bathiel
(@bathiel)
Trusted Member

Consortium idea is a good one. I'd be up to discuss that.

Bernie

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Posted : April 10, 2009 1:31 pm
Jim Dandy
(@jim_dandy)
Trusted Member

Edward:

I do freelance business development and planning work. Usually for clients I have have worked with stateside. Depending on what your project is I might be able to help you. I am on STX year round.

I would be glad to speak so we could discuss if my experience might fit what you are looking for.

Jim

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Posted : April 10, 2009 2:22 pm
vroberge
(@vroberge)
Advanced Member

I understand consortiums of sorts are formed periodically to allow the small business owners to take advantage of the EDC. I'd be up for that two.

The two huddles to entry are $100,000 in investment, and 6 resident employees. Once past this, the group can take advantage of the 90% income tax break for island development.

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Posted : April 10, 2009 2:34 pm
Edward
(@Edward)
Trusted Member

My area is development economics, so I consult on macroeconomic environment factors.

One of my specialties is business and economic forecasting. I use quantitative and judgmental methods.

A good solid business plan needs a lot of pieces. Bathiel, Jim Dandy, vroberge, and others might be good over-all members of the consortium, while I do my macro and forecasting thing.

BTW, I'm presenting my latest research in Hong Kong in June, "Lifting the Veil: Forecasting Tourism in Post-Soviet Georgia." Some of my work may be directly relevant to the tourism situation in USVI during and after the recession.

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Topic starter Posted : April 13, 2009 7:14 am
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