By News Source Guyana on February 2, 2025
Business, News, Opinions, Politics
By Rennie Parris Welcome back to Talking Dollars & Making Sense. As Guyana prepares for the 2025 general and regional elections, the People’s National Congress Reform (PNCR) has unveiled a series of ambitious policy proposals aimed at transforming the country’s economic landscape. While these proposals are undoubtedly eye-catching, their feasibility and sustainability warrant closer examination. […]
By News Source Guyana on January 12, 2025
Business, News, Opinions, Politics
By Rennie Parris Welcome back to Talking Dollars & Making Sense. After taking a much needed mental break to rebalance and re-centre, I’m thrilled to reconnect with you as we dive into a critical chapter of Guyana’s history – its journey from an oil exploration hopeful to a major oil-producing nation. Let’s explore the history […]
By News Source Guyana on October 20, 2024
Business, News, Opinions
by Rennie Parris In an exciting move, the Government of Guyana has announced that every adult citizen will receive a $100,000 cash grant. While this grant could be spent on immediate needs, it also offers an incredible opportunity for people to pool their resources and build businesses that could lead to long-term financial stability. Imagine […]
By News Source Guyana on October 13, 2024
Business, Finance, News, Opinions
By Rennie Parris Welcome back to Talking Dollars & Making Sense. Today, we’re going to discuss a topic that’s crucial for entrepreneurs looking to finance their business—loans. Whether you’re starting a business or trying to grow an existing one, securing the right type of loan can make all the difference. In this column, we’ll focus […]
By News Source Guyana on October 6, 2024
Business, News, Opinions
Welcome back to Talking Dollars & Making Sense. Today, we’re tackling a topic that’s critical for entrepreneurs in Guyana who are looking to grow their businesses: small business loans. Whether you’re just starting out or trying to expand, understanding how business loans work is key to making smart financial decisions. We’ll break this down in […]
By News Source Guyana on September 8, 2024
Business, News, Opinions
By Rennie Parris Welcome back to Talking Dollars & Making Sense. Today, we’re unraveling the mysteries of the Balance Sheet—a fundamental financial statement that every entrepreneur should understand. Whether you’re starting out or looking to expand your business, grasping the Balance Sheet is crucial for making informed decisions. We’ll use real examples from Demerara Distillers […]
By News Source Guyana on September 1, 2024
Business, News, Opinions
By Rennie Parris Welcome back to Talking Dollars & Making Sense. Today, we’re breaking down the Income Statement, a crucial financial document that tells the story of a business’s profitability over time. Whether you’re a season financial professional or a small business owner without a finance background, this column is designed for you. We’ll use […]
By News Source Guyana on August 25, 2024
News, Opinions
By Rennie Parris Welcome back to Talking Dollars & Making Sense. If you’re thinking about starting a business or already have one, understanding your financials is one of the most important things you can do. I consistently tell business owners, “if you don’t know your numbers, you don’t know your business.” Unfortunately, I know Guyanese […]
By News Source Guyana on August 18, 2024
News, Opinions
By Rennie Parris Welcome back to Talking Dollars & Making Sense. Today, we’re diving into the intricate process of product and service creation, focusing on key concepts like the Minimum Viable Product (MVP), the Zero to 1 sprint, A/B testing, and product management. These strategies are essential for bringing your idea to market and ensuring […]
By News Source Guyana on August 11, 2024
Business, News, Opinions
By Rennie Parris Today, we’re diving into market analysis and crafting a robust marketing and sales strategy, specifically within the dynamic context of Guyana. Whether you’re an emerging entrepreneur or an established business owner, understanding your market and effectively reaching your customers are crucial steps towards sustainable success. Let’s unpack these concepts with examples from […]