Trinidad & Tobago Business Development Services

Services

We provide a full range of accounting and bookkeeping services geared towards assisting small to mid-sized companies. Our main objective is to help business owners like you reduce time spent on non-essential tasks, enabling you to focus on core business functions and increase profitability. Many of our clients save up to 40% compared to the costs of hiring in-house staff to perform these functions. Our advanced technical expertise differentiates us from other companies offering similar accounting services. We provide timely, cost effective, scalable and customized accounting solutions.

Our Accounting and Bookkeeping services include:
• Bookkeeping Services
• Controller Services
• CFO Services
• Accounting Systems and Integration
• Payroll

We value the relationships we have established with our clients, and our expert professionals work hard to deliver timely and accurate data and reports. We have consistently achieved a 95%+ annual customer renewal rate for our existing accounting, bookkeeping and tax preparation clients. Whether you require bookkeeping services or CFO services, we have the solutions clients need to move their business forward.

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Business Startup Guide
• Identifying your customers
• Assessing the real risks of starting your own business
• Choosing a name
• Deciding on a legal structure
• Getting licenses, permits, and tax and employer numbers
• Selling on credit vs. cash sales
• Getting funding
• Estimating start-up costs

Starting a Business Guide

Starting a business is a multi-step process that can feel overwhelming when you're on your own, but we'll make it easy to stay organized and on track while you start your business and achieve success. Whether you're refining your business idea, filing for permits and licenses, drafting your business plan, or looking for funding, we have the tools you need to do it right and get it done. If you're ready to start your business but need a helping hand, why not take the Start a Business in 30 Days challenge?

Funding tips for small business

Obtaining funding should start with a solid business plan. If you write a convincing business plan, then your chances of obtaining funding are greatly enhanced. Lenders and investors want to see proof that customers want your product or service and are willing to buy it for a price at which you can make a profit. The more tangible evidence you offer of this claim, the better chance you have.
Other factors that improve your chances to get funded are:
• Your plan should show good profit potential in a short period of time.
• The higher the rate of return you can offer investors and the faster you can produce it, the better your chances. Your plan should target a clearly defined market with enough size and purchasing power to produce a profit.
• Investors also prefer large markets with high growth potential. They avoid businesses that attempt to be “everything to everybody.” Your plan should clearly explain the “competitive edge” your product or service has over rivals.
• You should show an ability to control both the delivery and the quality of the product or service. Also, that managers and employees have the skills and the experience to make the company a success.
• Show that you have made a personal investment in this business venture.
• If you don’t believe in your own venture enough to invest at least some of your own money in it, how can you expect others to? “Sweat equity”—unpaid personal time and hard work—can be important, but lenders and investors like to see an entrepreneur with an important financial stake in the business. It’s a tremendous source of motivation.
• Lay out a clear, well-conceived, workable strategy for getting this business up and running. Show realistic financial projections covering most likely, pessimistic, and optimistic scenarios.
• Potential lenders and investors want to be sure that the “dollars and cents” of the deal make sense, and that’s why realistic projections are important. Most entrepreneurs underestimate the amount of money needed for start-up. Don’t get caught short

How to get your business funded?

Contrary to popular belief, business plans do not generate business financing. True, there are many kinds of financing options that require a business plan, but nobody invests in a business plan.

Investors need a business plan as a document that communicates ideas and information, but they invest in a company, in a product, and in people.

Small business financing myths:
Venture capital is a growing opportunity for funding businesses. Actually, venture capital financing is very rare. I’ll explain more later, but assume that only a very few high-growth plans with high-power management teams are venture opportunities.
Bank loans are the most likely option for funding a new business. Actually, banks don’t finance business start-ups. I’ll have more on that later, too. Banks aren’t supposed to invest depositors’ money in new businesses.
Business plans sell investors. Actually, they don’t—a well-written and convincing business plan (and pitch) can sell investors on your business idea, but you’re also going to have convince those investors that you are worth investing in. When it comes to investment, it’s as much about whether you’re the right person to run your business as it is about the viability of your business idea.
I’m not saying you shouldn’t have a business plan. You should. Your business plan is an essential piece of the funding puzzle, explaining exactly how much money you need, and where it’s going to go, and how long it will take you to earn it back. Everyone you talk to is going to expect to see your business plan.

what is a business plan?

In its simplest form, a business plan is a guide—a roadmap for your business that outlines goals and details how you plan to achieve those goals.

Don’t swallow the obsolete idea of the business plan must be a long, formal document, as if it were some term paper you have to write. That’s not true anymore. While every business has huge benefits to gain from going through the business planning process, only a small subset needs the formal business plan document required for seeking investors or supporting a commercial loan.

For the rest of us, this is great news because it makes the planning process much less daunting. You start simple, and grow it organically. You don’t do anything that doesn’t have a business purpose, so you don’t describe your management team (to name one example) unless you need to for outsiders. You don’t do an exit strategy if you’re not writing for investors and therefore you aren’t concerned with an exit. In business planning, form follows function. The plan is what’s going to happen. The formal document, the pitch deck, the summary memo—those are outputs of the planning process, not the actual plan.

And furthermore, even for those of you who do need to produce a business plan document, the task of writing a business plan today is much less daunting than it used to be. These days, business plans are simpler, shorter, and easier to produce than they have ever been. Gone are the days of 30- and 40-page business plans—modern business plans are shorter, easier to write, and (thankfully!) easier to read.

What Are the Benefits of Registering a Business?

1. Establishing Business Bank Accounts
2. Getting Loans
3. Reputation With Customers
4. Supplier Arrangements
5. Hiring Employees
6. Legal Liability Protection
7. Continuity

We provide a full range of accounting and bookkeeping services geared towards assisting small to mid-sized companies. Our main objective is to help business owners like you reduce time spent on non-essential tasks, enabling you to focus on core business functions and increase profitability. Many of our clients save up to 40% compared to the costs of hiring in-house staff to perform these functions. Our advanced technical expertise differentiates us from other companies offering similar accounting services. We provide timely, cost effective, scalable and customized accounting solutions with 24/7 access to your financials

Our Accounting and Bookkeeping services include:

Bookkeeping Services
Controller Services
CFO Services
Accounting Systems and Integration
Payroll
Management Accounts
Start up services
Yearly financial Statements
Software Solutions

We value the relationships we have established with our clients, and our expert professionals work hard to deliver timely and accurate data and reports. We have consistently achieved a 95%+ annual customer renewal rate for our existing accounting, bookkeeping and tax preparation clients. Over 50% of our existing clients have chosen to increase their service requirements. Whether you require bookkeeping services or CFO services, we have the solutions clients need to move their business forward.

Competition - Popular Business Idea

Here's how it works

1. Submit your idea to us with a relevant photo.
2. It would be posted on our page for one week.
3. The idea that receives the most amount of likes will win a free business plan valued at TT$1,500.00 that will send you on your way to your business idea receiving financial support of upto TT$250,000.00.

This competition was designed to promote business idea and new venture creation. Only those who are seeking financial assistance for their business start up are eligible to enter

For further information you can call 359-8112. If you dont get through, call again or leave a massage

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