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
ByLaws Vs Articles of Incorporation
Many businesspeople confuse an organisation's bylaws with its Articles of Incorporation. Articles of Incorporation generally provide information such as the names of the company’s Board of Directors; the number of shares the company can issue, if applicable; and the location of the company. Bylaws cover topics such as[...]
Roles of a Corporate Secretary and Director
Most small businesses that have changed their registration status from sole trader to limited liability ask about the roles of the board in its management. Today we highlight the role of the Company Secretary and governance guidelines for the board. The Corporate Secretary serves as Lead of the Corporate[...]
What is a Share Certificate?
You’ve come up with a killer business idea; you are itching to get your start-up off the ground as quickly as possible. Thinking about which legal structure to choose won’t be what gets you out of bed in the morning, but it’s important to take some time to think this[...]
How to move from Sole Trader or Partnership to Limited Liability…Part 2
As discussed earlier this week, here are the 6 steps to change business operations from a sole trader or partnership to a limited liability as follows: Step 1 Obtain a Notice of Cessation of a Business by a Registered Firm or Individual – Form 9 which can be used by[...]
Business Tips
Monetizing your Blog…Part 4
After a 2-week hiatus we conclude our series on “Monetising your Blog” Consultancy: You could monetise your blog by offering consultancy in your specific niche. You need to have a large number of followers and have built a good reputation in your field for this method to earn you money.[...]
Monetizing your blog…Part 3
Today we continue with 8 more ideas to monetize your blog! Write an eBook: Everybody seems to be writing an eBook these days, so why don’t you give it a try. You could write an eBook about almost anything. Maybe you could write a book about your experiences at[...]
Monetizing your blog…Part 2
Today we continue with ideas to “Monetise your Blog”… Advertising Space: You can monetize your blog by selling space on your website for advertisers to display a banner. This can be a very lucrative method as it allows you to cut out the middleman and charge what you want for[...]
Monetizing your blog…Part 1
Today we will suggest methods you can use to turn that traffic and interested audience into a real stream of revenue. Assuming you have a high-traffic blog already in place (with at least a few thousand monthly visitors), you’ll be ready to start monetising. However, before you start strategizing[...]
Debt Management
How to be Debt Free
A life without payments is very different from one with payments. Debt free living means saving up for things. It means making sacrifices and resisting impulse purchases. It means limiting the amount of money you waste each month. If you always have debts to pay and you find it hard to pay your debt then you[...]
Rules of thumb…Part 6
This week, the final in the savings series, what we all look forward to…retirement Retirement - The 10% Rule This is probably the most traditional rule of thumb when it comes to saving for retirement. Save ten percent of your income toward retirement. Why it works: It gives[...]
Rules of thumb…Part 5
This week…why net worth is more important than income. The Income Rule Why Net Worth Is More Important Than Income: Most people interested in personal finance have a goal to build wealth so they can have options, whether it's traveling, switching careers, or simply retirement. In making that[...]
Rules of thumb…Part 4
This week…homeownership Homeownership - The 20 Percent Rule According to this rule, you should put at least 20% when buying a home. Why It Works: It ensures you don't spend more home than you can afford, it can lower your monthly mortgage cost, and it can increase your chances[...]
DP Stories
Holiday Tips
Money Management
I won the Lotto…Part 1
The jackpot for Saturday’s (at the time of writing) Lotto is an estimated $22M. If you win it, you won't ever have to worry about money again--right? Wrong. With good money management you--and your heirs--could live handsomely for many, many years. But from the moment that you claim that[...]
Personal Haemorrhaging
Why does it always seem to happen? You make enough money to cover your bills and necessary spending with some even leftover… yet at the end of almost every month, you find that your bank account is lower than where it began… either that or your credit card balances are higher. So[...]
Financial Mistakes in 60s…Part 2
We conclude Financial Mistakes People Make in Their 60s! Other areas we should pay attention to after we retire, include: Not changing your lifestyle after retirement: by not adjusting your expenses to your lower income level. Retirees must also account for healthcare and long-term-care costs. Spending too[...]
Financial Mistakes in 60s…Part 1
Today we speak to Financial Mistakes People Make in Their 60s The biggest mistake retired people make is giving up all their active income. When we say active income, we mean the money you make through your labour or through a business you own. Passive income refers to[...]
Saving & Investment
One Coin…Part 2
Last week, we described the OneCoin concept. This week we will compare BitCoin and One Coin… In marketing brochure, a group of OneCoin members wrote that they came out from their comfort zone, they saw the vision”. They spoke of the number of people they’ve recruited – 20… 100…[...]
One Coin…Part 1
The OneCoin programme has gotten a lot of attention over the past few years. As a result, there is a lot of information out there. A lot of people seem to think OneCoin is a far better investment compared to Bitcoin but it is a programme that aims to piggyback[...]
TimeShares
You may have heard good and bad things about timeshares - they’re a huge waste of money, visiting the same spot year after year is just a dumb way to vacation. Then again, to many people who have a timeshare, timeshares are great! All opinions aside, are timeshares a[...]
Forex Terminology
So we are all eager to begin trading on the Forex Market, but before we start, let’s familiarise ourselves with some terms and jargon that you will encounter on your trading journey… Cross rate – The currency exchange rate between two currencies, both of which are not the official currencies[...]
