BIZcare Consultation & Accounting Firm

By: Kmar Henry         CEO │  BIZ care  Consultation & Accounting Firm Date: July 25, 2017 Let's remove the fear for a while and let's think about getting the 'know how' we need to ensure that we won't be nervous if that tax compliance officer happens to pull up at our businesses. It is a fact that our Government has NOW implemented rather harsh penalties due to the high amount of tax payers and business owners who have not been complying with the necessary tax measures. Hence, filing late will now attract a late fee of $5000.00 per month. So let's do a rough estimate in our heads; 'let's say that we are one year late right, that would actually amount to $5000.00 x 12 months = $60,000.00?' Yes! You are very much correct, so let us look at the tax measures that we must comply with before we even think about starting a business. 1. SO4/ITO2/ITO3 Filing: Each is dependent on the type of business that you choose to start, so let us ...

By: Kmar Henry         CEO │ BIZ care Consultation & Accounting Firm Date: July 20, 2017 If you ask any Entrepreneur what's one of the most important tools that drive their business over that bridge of success; he or she will answer easily ' Cash Flow '. Financial support provides that candour needed to take your business towards the next level, that pivotal point of ' profit making ' that all entrepreneurs dream. Hence, accessing a loan will be essential and thus should be a concern for every entrepreneur.  I’ve found it rather amazing that within our country, most of our entrepreneurs are still operating without awareness of the importance these aspects play in landing that business loan that they so desire. Here are six (6) things that Jamaicans must do as small business owners, in order to qualify and be approved for a business loan: 1.  Keep Proper Records: Perhaps one of the most prevalent issues facing small businesses toda...

  By: Kmar Henry          CEO   │  BIZ care   Consultation & Accounting Firm Date:  July 15, 2017 Rising Jamaican Clothing Brand CLAP Fashions sets sail to launch their new summer collection to all customers TODAY, July 15th, 2017. The Clothing Line which is steered by its CEO Gary 'Clap Boss' Richards and fellow directors Xavier 'Ras Pizzle' Campbell, Kmar 'Chullaz' Henry and Kenardo 'Militant' Patrick, are set to raise the bar with their new collection as it's said to be eagerly anticipated by their customers. Mr Richards noted, "that it's a great success based on all the work that we have implemented over the past months, and I am eagerly anticipating the feedback from our customers as our aim is to raise the bar a little bit higher." The launch will take place in the busy proximities of Bargain Village and will start in and around the hours of 12 noon. The brand is set to showcase clothes for both genders an...

By: Adrian Samuda         CEO │ Kaluga Kafe Date: July 6, 2017 Starting up your own business can be a very rewarding and exciting time in your life, but ‘being your own boss’ can take its toll on your mental wellbeing. Your business is totally dependent on you, if something goes wrong it is your fault and what happens if the business fails? Aside from the good aspect of doing what you love every day, there are many worries and stresses in the lives of entrepreneurs that are carried heavily until it's like a disease. Here are a few 'symptoms' that you will be required to carry daily: 1. Loneliness So you’ve decided to set up your own business, but no one else seems to understand why. Hence, you become completely isolated, with no one to talk to, and you have very little access to guidance should support is needed. Your family and friends don’t get what you’re doing and you’re putting in so much work that you never get the chance to socialize. Thus ma...