Tag - business

Leaving A Legacy of Independence

I am so happy to see my country Barbados arrive at a major milestone, celebrating Fifty Years of Independence! Though I have only lived to see thirty-three years of Barbados’ development, I have learnt and understood that in order to move this nation forward, you must have vision. This means the same for your personal development, that of your family and those who you lead. Early in my twenties I lacked vision. In 2005, I signed my first employment contract which guaranteed me a [...]

Multiple Skills, More Money

The world we live in today is vastly different from what we were prepared for through our journey from childhood to adulthood. Our parents encouraged us to work hard at primary and secondary levels of school, to achieve the opportunity at a tertiary level education which would inevitably lead to a secure job, where you work 40 hours a week for 40 years, retire and be merry. That notion is now quite far from reality to most of us [...]

Multiple Skills, More Money

The world we live in today is vastly different from what we were prepared for through our journey from childhood to adulthood. Our parents encouraged us to work hard at primary and secondary levels of school, to achieve the opportunity at a tertiary level education which would inevitably lead to a secure job, where you work 40 hours a week for 40 years, retire and be merry. That notion is now quite far from reality to most of us [...]

Three Reasons Why Cash Flow Statements are Important to Business Owners

A Cash Flow Statement is a financial statement used to report a company’s source and use of cash. Sources of cash are called cash inflows, while monies used are called cash outflows. A cash inflow can be described as money flowing into the company. Examples of cash inflows include: Capital investment Sales Dividends Interest On the other hand, a cash outflow can be described as money flowing out of the company. Examples of cash outflows include: Equipment purchases Loan payments Salaries Taxes There are three very important reasons why a cash flow statements [...]

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