With the rapid influx of small businesses and entrepreneurs entering the market, it is essential for business owners to maintain a competitive edge in order to preserve their economic resilience as a going concern.
The SBA hosted a sensitisation session on the mini-budget, recently presented by the Minister of Finance & Economic Affairs and approved by the Parliament of Barbados.
During the last quarter the Small Business Association continued its focused on sensitising members on current affairs issues through several educational fora.
The harsh reality of an underperforming economy in the aftermath of the global financial crisis, decreased foreign reserves and the absence of a practical fiscal programme from Government, coalesce to create a challenging environment for doing business in Barbados.
On Friday, September 8, 2017, the Barbados Small Business Association (SBA) launched its Solar Transport Project in National Heroes Square, Bridgetown.
The Minister of Finance and Economic Affairs has authorised the Central Bank of Barbados, under the Exchange Control Act, Cap.71, to implement a foreign exchange fee.
