Our Blog
Our blog is loaded with additional resources on registering a business in Trinidad and Tobago. Along with business tips, our journey into entrepreneurial lifestyle. Moreover your tax and legal obligations as an entrepreneur in Trinidad and Tobago.
The categories are as follows:
Business Registration
Choosing a Business Name…Part 1
One of the most important and potentially challenging steps of starting a business is choosing a business name. For some, choosing a business name is the first step tackled because it's simple, quick and obvious to the business owner. For others, it's a struggle to identify a business name that[...]
What is a Business Profile?
If you have just launched a new business and are looking to make a great first impression on prospective customers, then it is essential to create a powerful company profile. The company profile is an effective way to introduce the business to the potential customers and other stakeholders. It is a professional[...]
Business Plan vs Business Profile
Do you know the difference between a business plan and a business proposal? These are two very different business documents, each serving a distinct purpose. A business plan documents your vision for your business and how you intend to achieve that vision. It contains financial projections of what the[...]
The Importance of a ByLaws
Today we will share with you the importance of having bylaws and what they should address. As a small business you should have a set of written bylaws that designate in advance the ways you will handle a variety of situations that may arise. Bylaws are important from an[...]
Business Tips
E-Commerce Website…Part 1
The competition with ecommerce is continuously increasing due to the evolution of online shopping and the choice it offers to the modern-day consumer. To stay competitive within ecommerce, it is important to constantly attract new customers to your site. But how do you attract a customer who is constantly changing[...]
Work Life Balance
Last week we look at traits of a workaholic. Today’s article is how to strike a better work-life balance. Even if we aren’t “workaholics”, these may be some useful tips to try. As long as you're working, juggling the demands of career and personal life will probably be an[...]
Workaholic
Today’s article is part of a series on work-life balance and will identify signs of a workaholic. While many workers would love more time off, job insecurity and technology that keeps them constantly plugged in can often get in the way. Some people manage to make things work. They[...]
Friends in Business
So it is a new year with probably new beginnings and you may be thinking of starting a business with your friends. Today we will suggest some actions to ensure you and your business associates exhibit the skills and expertise that will make you a formidable team. There can[...]
Debt Management
Getting out of debt on low income…Part 4
This week…the small stuff - daily habits, shopping, and gym membership The small stuff This is only for those people in debt. If you’re just looking for more money to invest or save, you don’t need to watch every cent and never buy little things like coffee on the way[...]
Getting out of debt on low income…Part 3
This week…food Food If you keep a budget, and you should, you’ll probably see this category as one of your biggest money hemorrhages. If you aren’t tracking your spending, start now. You’ll likely be surprised and maybe horrified at how much you spend here. Maybe you don’t like[...]
Getting out of debt on low income…Part 2
This week…housing and transportation. Housing The rule of thumb is that your housing expenses should be no more than 30% of your income. Most of us are spending closer to 50% of our income on housing. If you’re among them, it will be almost impossible to get out of[...]
Getting out of debt on low income…Part 1
Not all of us make six figures which means paying off debt can be tough. But it’s not impossible. Our next series of articles will show you how to get out of debt, even on a low income. Debt should be considered an emergency. And like any emergency, the[...]
DP Stories
Holiday Tips
Easter Safety Tips
Team Destiny Planners wishes to extend happy Easter greetings to all visitors to our blog. This is a time when thousands flock to the beaches to share memorable moments with family and friends at the beach and sometimes at the river. It is our sincere wish that everyone will enjoy[...]
Carnival Tips
Today’s article will be a little different as we will speak about safety tips for children at Carnival. While playing mas: Keep the little hydrated with lots of water and ice. Make sure they have comfortable shoes and socks. Powder socks with minimize bruising the skin. Have emergency contacts[...]
Christmas Safety Tips
Christmas is coming and so are the bandits! As the Christmas season swings into high gear, we thought we would share a few safety tips with you: Home: Double check doors and windows before leaving home, even for a few minutes. If travelling for the holidays, have a neighbor or[...]
Money Management
Financial Independence…Part 1
Today we will talk a little about “Financial independence” particularly as it relates to our previous series on “Passive Income”. “Financial independence” is a phrase often bandied about without any sort of consistent meaning. But what exactly does it mean? Does “financial independence” mean complete freedom from debt? Does[...]
Payroll…Part 2
Today…how to keep your payroll expenses under control. Your payroll expenses can make or break your business, so you have to keep them under control. One approach is to calculate them as a percentage of gross sales, but there's no one-size-fits-all rule for what that percentage should be. Some[...]
Payroll…Part 1
Payroll's percentage of a company's expense account often depends on the type of business or industry involved. For example, service industries typically have higher payroll costs. From an overall financial standpoint, businesses that pay out 20 to 30 percent of gross revenue in payroll expenses generally are doing OK. Payroll[...]
I won the Lotto…Part 2
So Saturday’s estimated lotto jackpot is $25M, we will talk a little about planning for the future after winning the lotto. Invest prudently. Don't show up at the teller’s counter with a check for millions—talk to the bank's upper management or private banking department ahead of time to discuss[...]
Saving & Investment
Buying Shares…Part 2
Today we continue with what you must understand before you invest in the stock market… Decide how much you want to invest: Always remember one basic rule in finance -- if something gives you higher returns, that is usually because it carries a greater risk. That's the reason why not-so-good[...]
Buying Shares…Part 1
Before you invest in the stock market, you must understand what it entails. You own a part of the business: When you invest in stocks, you do not invest in the market (despite what you think). You invest in the equity shares of a company. That makes you a shareholder;[...]
Stocks and Bonds
This week we start a series on investing. Investors are always told to diversify their portfolios between stocks and bonds, but what’s the difference? Stocks Are Ownership Stakes, Bonds are Debt Stocks and bonds represent two different ways for an entity to raise money to fund or expand their[...]
Paycation Travel
Paycation Travel is one of the leading providers of travel services and travel education in the world and utilises a group of travel partners that help Paycation provide the best values for its vacation programme and member base. Paycation works with Xstream Travel (a 12-year old travel agency) to provide members professional[...]
