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Business Tip
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Set a target date
Whether it's in two years or 10, establish a specific date when you'd like to leave the business. This creates a tangible goal, with milestones and accountability, that will ensure you stay on track. Keep in mind that while a set date is critical to goal achievement, it can (and ...Secure counsel from a team of advisers
Exit planning requires the counsel of trusted advisers from different disciplines. This team should minimally include your CPA, a business and estate attorney, a financial adviser, and an exit planning specialist who will coordinate the process and create a holistic game plan.Write a plan and review annually
Change is constant. Economic conditions or a myriad of other factors can bring new influences and impacts to your life and on your business. Be proactive and review your exit plan each year with your advisers to determine if any adjustments are necessary.
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Member Spotlight
Member Spotlight
Benefits of Becoming a Member
The Barbados Small Business Association membership is an excellent investment in your business. SBA represents the the interests of small enterprises, like yours, by developing financial programmes, educational opportunities, and strategic alliances in order to promote efficiency, productivity and profitability. For a full list of the benefits our members enjoy read below:
FREE Entrepreneurial Training Programmes
The Barbados Small Business Association hosts several managerial and computer-based courses throughout the year in a wide range of subject areas that could help your business.
There are courses that give you management training such as Customer Service Techniques, Basic Accounting and Quick Books for Small Businesses . These are only a few of the courses offered and we are constantly looking to improve the courses so as to meet the needs of small businesses. Each time courses are held the dates, the times and how to register are advertised on this website.
Free Workshops, Seminars and Presentations
The Barbados Small Business Association frequently hosts FREE seminars, workshops or presentations on various topics e.g. in finance, marketing. Members are notified of these seminars by email and can also visit the events section of this website for details.
Website Starter Package
For only $295/yr your company can have its own website. Your website will have:
To take a look at the template collection
To sign up for you package come into any of our offices and pay. As soon as possible after you have paid you should download the Website Starter Sign Up Form and complete it (as best as possible). The completed form could then be returned by fax (271-1128) or e-mail to the Secretariat (the office@sba.org.bb) or directly to Future Shock Inc at dspringer@futureshock-global.com. Call 228-0162 if you have any problems accessing the sign up form.
Advertising Discounts
Presently members (who have paid all fees) receive a 20% discount when they advertise with the Nation Newspaper.
Joint Tendering on Contracts through SBAEI
The SBA Enterprises Inc, the trading arm of the SBA, is a wholly owned subsidiary of the SBA. It is a company that provides opportunities for its members to access markets and to provide goods and services to clients locally, regionally and internationally. Many small businesses find it difficult to bid on contracts individually but by encouraging collaboration among members, through the SBAEI, this makes it easier. Click here to read more.
Other Benefits Include: