Sunday 17 December, 2017

Mind Yuh Business: Laying the foundation

You've decided to take the plunge and start your own business or service. 

Before you hit the ground running, there are a few steps you have to take to get the business going. In addition to registering the business, did you trademark your brand's name? What about intellectual property rights? Startup funds?

In the second part of the series, our guest entrepreneurs talk about the groundwork that takes place before getting their respective businesses up and running. For creatives, especially, it's essential to understand the importance of intellectual property rights.

While most budding entrepreneurs may consider getting a bank loan to acquire startup funds, find out how our entrepreneurs attained their own funds and why they opted out of getting a loan. 

Finally, they share some important things to be mindful of when constructing a business plan. 

For more information on how to register your business and access to the respective documents, visit:

Ministry of the Attorney General and Legal Affairs 

The World Bank: Doing Business

 

For more information on intellectual property, trademarks and patents in Trinidad and Tobago, visit: 

Intellectual Property Office 

 

To read, learn and connect with other entrepreneurs in Trinidad and Tobago, visit: 

Entrepreneur Life Trinidad and Tobago