Diasporic Entrepreneurship in the Caribbean - Firm Profiles.pdf Vol 2 | Page 58

Annex 2: Selected SWOT Analyses

6. LAPARKAN

STRENGTHS

WEAKNESSES

• Presence in several Caribbean
countries.

•

External funding difficult to attract.

• Understanding of the regional market.
• Internal company funding for
expansion.
• Continued improvement in service
offerings to ensure value added.
• Commitment to offering good service.
• Recognizable brand within the
Caribbean and Diaspora communities.
• Business model focused on proper
organizational management and
professionalism.
• Investment in human development

OPPORTUNITIES

THREATS

• Business expansion strategy targeting
high performance economies within and
outside the region.

• Uneven playing field, where some
competitors do not comply with all
rules and regulations that are in
operation. The relevant regional
authorities lack the ability to
monitor and implement existing rules
and regulations due to lack of finance,
insufficient human capital and poor
governance.

• Strategic plan to geared at providing
value added services and expanding the
range of services currently being
provided.

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