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25 February 2011 – iNbox Newsletter | Barbados Small Business Association

 

25 February 2011 – iNbox Newsletter

Price Gouging – Fact or Fiction?

DeCourcey Eversley, Director of Fair Competition at the Fair Trading Commission (FTC) believes that consumers need to be armed with a better understanding of excessive pricing and also that it takes time to investigate claims of excessive pricing. ………..More  

    

Also in this Issue…

Tax Clinics
20% Discount for BSBA Members to Attend SMS Summit
Export to Canada
Trade Watch Consultancy Notice
Closing Notice
 
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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 ...

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    • 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.

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    • 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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