In business, data stands as an invaluable asset born from every transaction, interaction, and engagement. Surprisingly, it often finds itself at the bottom of the list of many small businesses, yet it holds the key to unlocking unforeseen potential. Take Instagram,...
Small business
A Small Business Guide to Hiring the Right Accountant – Three Reflective Steps for Success
It's the dawn of a new year, and you’re determined to steer your business towards growth. If you've decided it's time to bring an accountant on board, kudos to you!!Acknowledging the need for change, especially in the realm of financial affairs, is a significant...
Understanding Taxes for Your Small Business – Corporation Tax
Your FAQs Answered Welcome back, my small business comrades! In our last discourse, we addressed the frequently asked questions relating to income tax. This time, I want to address the frequently asked tax questions pertinent to small businesses that are...
Understanding Taxes for Your Small Business – Income Tax
Your FAQs Answered My last article explored the expenses a small business can claim when calculating their taxes. I want to shift my focus to the taxes themselves. Knowing the ins and outs of the different taxes your small business might encounter is more than just...
The Basics of Legitimate Tax Expenses for Trinidad and Tobago – What Every Small Business Owner Should Know
I understand that this topic can be somewhat dry and technical, so I’m going to attempt to break it down in a way that's easy to grasp. You're a small business owner, and I’m sure you have heard that you can claim all your expenses to reduce your tax bill, and you're...
The Cost of Trusting Blindly: Why Professional Skepticism is a Must for a Small Business
Why You Can't Afford To Trust Blindly in Business As a small business owner, you're well aware of the immense responsibility that rests on your shoulders. Your business's success depends on the choices you make, and that's why you can't simply take things at face...
Deciphering the National Budget – A Guide for Small Business Owners
Our National Budget, what’s in it for you, the small business owner? Amidst the buzz and uncertainty that surrounded its release, the budget for our nation's growth was unveiled. A fabric of emotions….from curiosity and panic to disdain and complacency, all woven...
Risk Navigation 101 – A Practical Guide for Small Businesses
The scorching sun these past few weeks has me thinking about more than just sunscreen and ice-cold drinks. As a tea enthusiast deeply entrenched in the business, I can't help but worry about the rising temperatures and their implications for my beloved tea leaves....
My Entrepreneurial Journey – Why I Chose Incorporation Over Sole Proprietorship
Choosing the right business structure is a crucial decision for any entrepreneur. The structure you select can impact your business's growth, liability, and even your personal assets. It's a question that has kept many small business owners up at night and one I’ve...