Michael Homer

Member of The Barbados Small Business Association

Wellness Seminars

Health and Wellness seminars conducted by Dr. Grant who has over 30 years of teaching at the University & College levels, and working as a Scientist for the Pharmaceutical, Neutraceutical, Food industries and the Canadian Government. This seminar will raise the health levels and quality of life of all who attend. read on

Business Opportunity

If you are looking to participate in one of the most powerful business opportunities of the first half of the 21st century which capitalizes on the emerging mega-trends of the soon-to-be trillion dollar wellness industry and the desire of affluent aging baby boomers to look and feel better, and the explosive growth in entrepreneurship, look no further than Immunotec. visit

Fresh Solutions in a Global Market

fresh solutions

We can assist you in developing a comprehensive business plan as a tool to secure your financing needs and also serve as your blueprint as your business develops in its first three years. Having the business plan is only the first step. You may also wish to affiliate your business with an organization that supports your industry or if you are an entrepreneur you may consider becoming a member of the Barbados Small Business Association where you can find immediate benefits including networking with other members of the association, members discounts, access to a secretariat with facilities that can enhance your operation, training at special member rates and equity financing up to a maximum of $200,000.00 to mention a few.

If your business was incorporated within the last 12 months, you can make an application as a member of the Barbados Small Business Association, for a refund of incorporation fees up to a maximum of $1,700.00

We have designed a unique training program aimed at equipping non financial managers with the basic knowledge and tools to compliment the strategic and financial planning process within the organization and to develop a pro-active approach to budgeting, please see below for an overview.

Areas covered in the program

Agenda

  1. Introduction
  2. Personal Financial Planning
  3. Basic Accounting
  4. Budget Reviews – Current Year
  5. Financial Environment
  6. Review of Historical Trends
  7. Review of insurance policies
  8. Staffing issues, incentives and productivity bonus
  9. Marketing
  10. Capital Budgeting Vs Revenue Budgeting
  11. Multi-Year Planning & Budgeting
  12. Budget Analysis
  13. Financial projections – Next two years
  14. Summary & Evaluation

Outcomes

  • To provide a forum for management to ask specific questions and to identify any financial policy issues affecting the various departments of the organization.
  • To create an understanding of the benefits provided by the employer including additional pension planning if required.
  • To create an appreciation of the need for planning finances for the short, medium and long term.
  • To encourage management participation in financial planning and decision making at the department within the organization.
  • To provide information on the organizations financial planning initiatives (Multi-Year Budgeting Cycles).
  • To improve financial effectiveness at the department level within the organization.
  • To provide a forum for participants to share ideas.
  • To create a clear understanding of organizations budgeting process.
  • To create an understanding of basic accounting concepts.

Requirements

  • SWOT analysis for each department within the organization.

Notes

The training program is usually covered in 30 hours but can be tailored to any organization and participants receive an attendance certificate for their contribution.