Barbados (PRWEB) September 15, 2012
Financing small and medium sized business enterprises (SMEs) has always been a daunting endeavor and even more so in less developed countries and small island states. In “Venture Capital & SME Financing: Less Developed Countries & Small Island States”, Grenville Phillips examines this dilemma in light of these communities.
As a former principal of the international accounting firm Coopers & Lybrand and presently the chairman of the Barbados Stock Exchange, Dr. Phillips has extensive experience in the field of finance. He combined this expertise with his deep interest on the subject to create a book that provides a useful analysis of venture capital and factoring and its applicability as a financing option for SMEs and small island states.
“Venture Capital & SME Financing” has a threefold purpose, according to Dr. Phillips. First, it is designed to help policy planners involved in the development of the domestic SME sector effectively assess the applicability of venture capital financing for the domestic space and how the existing traditional model may be modified. Secondly, business people can use it to better understand the process of venture capital financing and its interface with business enterprises. Lastly, this volume will prove an invaluable resource for business colleges and schools of entrepreneurship as it gives students and practitioners a thorough analysis and practical knowledge of the topic.
Relevant, timely and necessary, “Venture Capital & SME Financing” effectively translates Dr. Phillips’s financial expertise into practicable form. Harold Hoyte, Editor Emeritus of the “Nation Newspapers”, describes the book as,
“… a rich volume which will be invaluable in our boardrooms, executive offices and libraries as it provides a carefully crafted guide for financing small and medium sized businesses. His is a practical and sensible approach written in context and with clarity, yet making effective use of a frank, sassy style of expression.”
For more information on this book, interested parties may log on to http://www.Xlibris.com.
About the Author
Dr. Grenville Phillips is a former principal of the international accounting firm of Coopers & Lybrand. He is also a former chairman of Barbados National Bank and now serves as a director on the board of several publicly listed companies. He is the current chairman of the Barbados Stock Exchange..
Venture Capital & SME Financing * by Grenville Phillips
Less Developed Countries & Small Island States
Publication Date: August 21, 2012
Trade Paperback; $23.99; 606 pages; 978-1-4691-5938-6
Trade Hardback; $34.99; 606 pages; 978-1-4691-5939-3
Members of the media who wish to review this book may request a complimentary paperback copy by contacting the publisher at (888) 795-4274 x. 7879. To purchase copies of the book for resale, please fax Xlibris at (610) 915-0294 or call (888) 795-4274 x. 7879.