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Did You Know?
BEDC offers a wealth of resources and documents on our website that are invaluable for your business journey. Be sure to explore them!
This month, we focus on the Profit & Loss Statement, an important document for managing your business effectively. It's a straightforward tool that outlines your business's financial performance, offering a clear view of income and expenses. Designed as a spreadsheet, it simplifies tracking your financial health, aiding in better decision-making. By providing insights into profits and losses, it supports the strategic planning necessary for your business' growth.
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Mind Your Business Podcast
Tune in to find out how to mind your business with BEDC, special guest entrepreneurs, industry experts and more. This month we featured:
Donte Hunt, BEDC
Kimwana Eve, Lookie Lookie
Nkenge Warren-Swan & Corville Hylton, Bermuda Toastmasters
Reva Minors, Loquat Roots
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Book an Appointment
Interested in how BEDC can help you in these challenging times? Want to apply for one of our products? All appointments are completely confidential and complimentary. Book a free consultation with one of our officers today!
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BEDC How-To Guides
Are you looking to start a business in Bermuda but don't know where to begin? Let our How-To Guides help you! BEDC has curated a host of industry specific guides that outline specific information, requirements and the necessary processes for getting your business off the ground.
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ByBermuda
Looking to get your business online? Join the ByBermuda virtual market today! It's a unique opportunity to showcase your business online, accept online payments without any cost, and connect with a wider audience. All at no charge to you. Sign up now!
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This Month at BEDC / The Highlights | | |
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Innovate to Differentiate | Held on February 1st at the North East Hamilton Incubator Hub, this seminar featured Norris Ebbin and Roche Wolffe in a panel discussion on standing out in saturated markets. Attendees learned differentiation and innovation strategies for business success. The event provided practical advice, interactive Q&A sessions, and networking opportunities. Watch the highlight video below for key moments and insights. | | | |
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On Feb 3rd, BEDC held the Small Business Expo at Willowbank Conference Center in Somerset EEZ, featuring over 20 businesses and discussions on shipping, food commerce, payment processing, and telecoms, aimed at gearing up entrepreneurs for 2024. Click below to watch the highlights and discover insights from this supportive event for Bermuda's entrepreneurs and small business owners preparing for the year ahead. | | | |
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Think Like an Entrepreneur | The 'Think Like an Entrepreneur' course, hosted by BEDC and facilitated by Ray Lambert, is currently halfway through its eight-week duration. This course, inspired by the Ice House Entrepreneurship Program, equips aspiring entrepreneurs with the skills to spot opportunities, set goals, and bring their business ideas to life in a practical and impactful way. | | |
Happening in the Community | | |
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Community Vendor's Market
Mark your calendars for an exciting day at the Community Vendors' Market, March 16, 2024! Located at the Leopards Club, Hamilton, indulge in unique finds and delightful deals. Enjoy the backdrop of lively tunes while you shop.
Be sure to experience the vibrant community spirit from 10 AM to 6 PM!
For more information, be sure to call 297-1624 or email nanapeggy@livenet.bm.
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Uptown Market
Inviting vendors and artists to showcase their talents at the Heritage Day Coming Home and Uptown Market on May 24th. This market offers a unique platform for community engagement through culture, art, and entertainment.
Interested participants should download the application form using the link provided and submit it to dhunt@bedc.bm and Freshcreationsbm@gmail.com.
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Chamber of Commerce Business Barometer Survey
The Bermuda Chamber of Commerce seeks input on local business challenges, including staffing issues and rising operational costs, as well as financial improvements. Feedback is essential for a comprehensive analysis.
Participants will receive the full report, with sector insights provided for groups of 10 or more. Contributions will shape future support.
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Survey for Women Entrepreneurs in Bermuda
UN Women, the BEDC, and the Ministry of Youth, Social Development, and Seniors are conducting a survey for a Needs Assessment on Financial Instruments for Women-owned MSMEs in Bermuda, focusing on Sustainable Tourism, Agriculture, and Cultural/Creative Industries.
Women entrepreneurs are encouraged to participate; it takes 10 minutes and ensures confidentiality. The dealine to complete is March 4th, 2024.
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BEDC Monthly Product Spotlight | |
The Vending and Vendor Market Programme was created to facilitate micro-enterprise in Bermuda and to provide an pathway for budding entrepreneurs and small roadside vendors to test their products and organically grow their business before being committed to a storefront location. | |
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3 Values That Empower Entrepreneurs Just Starting Their Journey | Entrepreneur | If you can follow these values, you will be one step closer to achieving your goals. | | | | |
5 Effective Ways to Beat Imposter Syndrome | Entrepreneur | By gaining clarity, embracing objectivity and rejecting perfectionism, even the most diehard imposters can transform themselves into the business leaders they long to be. | | | | | |
www.bedc.bm • (441) 292 - 5570 • info@bedc.bm | |
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