Successful The Next Step Session on Financial Management
With approximately 30 entrepreneurs in attendance, the Bonaire Chamber of Commerce looks back on a successful session of The Next Step: Creating Value Through Financial Management. Led by strategist Evert Bleijenberg, the participating entrepreneurs gained greater insight into financial management in a practical and accessible way, as well as its
importance for building a healthy, sustainable and profitable business.
The session had a strong practical focus. The entrepreneurs actively participated in the presentation, shared their experiences and asked questions about their own businesses. Topics such as cost price structure, pricing, margins and profitability proved to be a real
‘wake-up call’ for several participants. The session highlighted the importance of looking not only at how much you sell, but especially at how much you earn from a product or service.
Participants particularly appreciated the way Evert Bleijenberg explained financial topics in a clear and accessible manner. Entrepreneurs indicated that his practical approach helped them better understand the subject matter and apply the insights to their own businesses.
This practical approach was also reflected in the closing part of the session. During a hands-on exercise, entrepreneurs were able to use one of their own products or services as a starting point to calculate their selling price. This allowed them to immediately apply what they had learned to their own business and gain a better understanding of whether their current pricing contributes to a healthy financial result.
Phar Martha, director of the Bonaire Chamber of Commerce, emphasizes the importance for entrepreneurs to have a clear understanding of their cost price structure. It is noticeable that, due to a lack of this insight, many entrepreneurs respond too late to the various price luctuations in today’s market or fail to make the correct adjustments to their prices, which can have major consequences for their business operations. Having control over your cost price and understanding your break-even point and the price elasticity of your selling price are important success factors for an entrepreneur. These topics may seem difficult to many, but this workshop
explained them in a very accessible way that everyone could understand.
Finally, business advisor Jían Magdalena
encouraged the entrepreneurs in attendance not only to take inspiration from the session, but also to take the next step. Entrepreneurs who want to work specifically on their business and growth objectives were encouraged to enroll in The Next Step program. Through this program, entrepreneurs receive support in translating their ambitions into concrete actions and achieving
their growth objectives.
About ‘The Next Step’
The Next Step is a development program of the Bonaire Chamber of Commerce in collaboration with RVO, designed to support existing entrepreneurs in the next growth phase of their business. Through training sessions, workshops, knowledge sessions and guidance, participants receive
practical tools to further professionalize their businesses and achieve sustainable growth.
Entrepreneurs interested in participating in the program or receiving more information can contact bis@kvkbonaire.com or visit the Bonaire Chamber of Commerce at Kaya
Amsterdam #23.