BIZcare Consultation & Accounting Firm

Business Registration in Jamaica Operating a Sole Proprietor vs Partnership By: Kmar Henry         CEO of BI Z care   Consultation & Accounting Firm Operating a business within Jamaica can be a mammoth task as taxes and recognition may seem like a mountain to climb. However, the backlash of starting a profitable business is still highly possible as resent reports shown by Robots Digital Agency ranks Jamaica as the 5 th most viable place in the world to do business. Thus, this therefore proves that if the right things are done, the possibility of starting a legacy can still be maintained. Which this in mind, much questions have always been asked about the similarities, advantages, disadvantages, pros and cons of operating/registering a Sole Proprietor vs operating a Partnership Business as it relates to taxes and other benefits. Below I will try to distinguish a few. SOLE PROPRIETOR PROS   Only one person is deemed li...

By: Kmar Henry         CEO │  BIZ care  Consultation & Accounting Firm Edited by: Anthonio James  │ Xavier 'Ras Pizzle' Campbell  Date: June 27, 2018 Sometimes, hardships are the very reasons why many end up taking a road outside that of legality. However, it is sometimes these very same people who later become leaders, motivators and movers within our society. In fact, it is rather evident that more needs to be done to highlight the few of this nature who become stalwarts within their communities, and the very few who can influence persons within the scope of the less fortunate and places of the garrison to strive for greatness. A person of such and one to admire, is a noble leader and entrepreneur by the name of Mr. Gary 'Clapboss' Richards. He currently hails from the parish of Clarendon, in which he was born, but experienced a life which brought him between sections of West and East Kingston. Transitions that all contributed...

By: Kmar Henry         CEO │  BIZ care  Consultation & Accounting Firm Edited by: Reinard Bryan  │ Xavier Campbell │  Danielle Lewinson  Date: May 21, 2018 Now let's think about OURSELVES for a  moment from beyond the fences of what  society  depicted as the norm. From outside of  the  walls of mediocrity, or outside every  lesson  learned throughout our schooling,  outside  what religion taught us and every  method  of mind control that the government  handed  down to stop us from discovering our true  identities.  Now with all those aspects  cleared,  let’s  take a trip inside our minds for a minute and look  inside it to establish and notify  ourselves of  when was the last time we took the time out, in this busy world, to ask ourselves  the  question; WHO AM I? The Qu estion? [Who am I?] I can still rem...

By: Kmar Henry         CEO │  BIZ care  Consultation & Accounting Firm Edited by: Anthonio James  │  Danielle Lewinson  Date: April 05, 2018 It's a rather growing concern for many loan officers and financial entities, that in this time and age we still have many Small Business Owners who are still operating under the old guise; " what I make is what I have left ". If you should ask questions like 'what are your purchases for the month, what are your expenses for the month? What's your amount owed to creditors ? What are the amounts owed to you from/by customers? or even more so, What's your  sales or revenue for the month?' You might be surprised to see the level of stuttering that comes from the lips of most of these entrepreneurs or small business owners in Jamaica. Especially if it is a scenario where accessing a loan is extremely pivotal for your business to survive. Whats your True Profit ? Let's say t...