Thread:Providing BDS (2)

Business Development Services (BDS)are“… services that improve the performance of the enterprise, its access to markets, and its ability to compete. It also includes an array of business services[such as training, consultancy, marketing, information, technology development and transfer,business linkage promotion, etc.], both strategic [medium to long term issues that improve performance] and operational [day-to-day issues]. BDS are designed to serve individual businesses, as opposed to the larger business community.”

(Committee of Donor Agencies for Small Enterprise Development, 2001)

Importance

1. Basically they encourage employment creation. 2. BDS promote economic security by creating an enabling environment for poor entrepreneurs and women to invest in nutrition, housing, health and education of their families. 3. It has the potential of increasing the profitability and promotes growth and competitiveness of enterprises which impacts directly on income levels. 4.It can contribute to development goals in the areas of economic growth and also poverty reduction.--&lt;a href="User:Kafuiaheto"&gt;Kafuiaheto&lt;/a&gt; 08:47, 22 March 2011 (UTC)