Starting a business

Tips for Choosing an Accounting Software Package

Accounting software packages are in high demand amongst business professionals and with good reason. These applications give a business the ability to record and process transactions such as sales, payments, payroll and financing. They also generate fundamental reports such as the Income Statement, Balance Sheet and Cash Flow Statement. There are a variety of applications available which can be bespoke… Read more →

Tax Season Is Here

It’s April and that means tax season for those of us who are sole traders (self-employed) and individuals. This usually means that everyone is busy number crunching, tallying and trying to find as many tax deductibles as possible to ensure a tax refund position.   Changes to tax deductibles When filing for the 2015 income tax year, Barbadians will find… Read more →

Trust the Planning Process

So you’ve made the decision to take the plunge to start your own business. Congratulations! I’m very excited for you. But after coming up with your big idea, what do you to do next? I am sure the question has crossed your mind several times. The journey of entrepreneurship has no hard or fast rules however those who are successful… Read more →