Govt couldn't negotiate their way out of the sewer, let alone negotiate to have BTC do anything they don't want to do. It is what it is until some solid competition comes on stream to compete against them. The whole buy back fiasco just proves that.
Yeap...double whammy all around, with nearly a $30K monthly BEC bill and about $10K in BTC bills...whack me with another 15% VAT charges on my utilities and that is going straight onto the markup we need to charge on our merchandise...business licenses fees have also quadrupled under the PLP...so guess what...our margins are going up even more.
I'm paying my fair share trust me...but when my business license fees go from around the 200K mark to just shy of a million...a YEAR...I'm starting to have a hard time justifying it. I could close up shop, sell off all the assets and retire to some other country...sure as heck am not going to stay in Nassau where you run the risk of getting shot killed raped or robbed at any given point in the day.
Nothing will change in this respect. We have no where near the infrastructure or man power to handle the load that the FAA currently does on our behalf. Heck, even as it is, we have underpaid and understaffed air traffic controllers who are VERY unhappy, all of a sudden we are going to push to do what needs to be done to provide cover, which will cost millions...then you need to staff to man it, which will cost you another small fortune...that is assuming you pay them what they are worth...it will be YEARS before the revenues gained, pay for the outlay that will be needed for that slice of the pie in the sky...maybe...they may not even break even years down the road.
Are you serious?? Did not see that. All of our stuff is 100% local, and 100% Bahamian, but if I decide I wanted to start outsourcing stuff in a more economically favourable location...I'm a private company...not some government run agency, I'll do what I dang well please and if you don't like it, I'll just shut it down altogether. Idiots.
Yeap...I'm the owner of a business that employs a couple hundred people...I can honestly tell you that I am looking at options for shutting the whole thing down and leaving my homeland for greener pastures.
Sign of the times...business licensing has more than quadrupled in the past couple years. Very quietly they upped business license fees AGAIN...guess they are trying to get one last suck out of business license fees before they 'promise' to do away with them with the incoming VAT...yeah right...still gonna be paying those fees plus vat...may as well close our doors now and call it quits...add another couple hundred people to the jobless queue on the streets.
B_I_D___ says...
Govt couldn't negotiate their way out of the sewer, let alone negotiate to have BTC do anything they don't want to do. It is what it is until some solid competition comes on stream to compete against them. The whole buy back fiasco just proves that.
On CIBC: ‘No choice’ but to cut 66 jobs
Posted 19 February 2014, 11:18 a.m. Suggest removal
B_I_D___ says...
Yeap...double whammy all around, with nearly a $30K monthly BEC bill and about $10K in BTC bills...whack me with another 15% VAT charges on my utilities and that is going straight onto the markup we need to charge on our merchandise...business licenses fees have also quadrupled under the PLP...so guess what...our margins are going up even more.
On Family Islanders feeling left in the dark over VAT
Posted 19 February 2014, 9:02 a.m. Suggest removal
B_I_D___ says...
I'm paying my fair share trust me...but when my business license fees go from around the 200K mark to just shy of a million...a YEAR...I'm starting to have a hard time justifying it. I could close up shop, sell off all the assets and retire to some other country...sure as heck am not going to stay in Nassau where you run the risk of getting shot killed raped or robbed at any given point in the day.
On CIBC: ‘No choice’ but to cut 66 jobs
Posted 19 February 2014, 8:14 a.m. Suggest removal
B_I_D___ says...
Nothing will change in this respect. We have no where near the infrastructure or man power to handle the load that the FAA currently does on our behalf. Heck, even as it is, we have underpaid and understaffed air traffic controllers who are VERY unhappy, all of a sudden we are going to push to do what needs to be done to provide cover, which will cost millions...then you need to staff to man it, which will cost you another small fortune...that is assuming you pay them what they are worth...it will be YEARS before the revenues gained, pay for the outlay that will be needed for that slice of the pie in the sky...maybe...they may not even break even years down the road.
On Christie calls for airspace millions for Bahamas
Posted 19 February 2014, 8:10 a.m. Suggest removal
B_I_D___ says...
Are you serious?? Did not see that. All of our stuff is 100% local, and 100% Bahamian, but if I decide I wanted to start outsourcing stuff in a more economically favourable location...I'm a private company...not some government run agency, I'll do what I dang well please and if you don't like it, I'll just shut it down altogether. Idiots.
On CIBC: ‘No choice’ but to cut 66 jobs
Posted 18 February 2014, 2:53 p.m. Suggest removal
B_I_D___ says...
No one bothers to answer 919...so why a Jitney hotline?
On Union backs hotline - but wants protection for bus drivers
Posted 18 February 2014, 2:30 p.m. Suggest removal
B_I_D___ says...
you give it 2 months?
On Union backs hotline - but wants protection for bus drivers
Posted 18 February 2014, 2:29 p.m. Suggest removal
B_I_D___ says...
Sadly Rory...that's about what it is coming to...only problem is the 'law' are just as corrupt and crooked as the rest!
On PM: We'll get it right in inner city communities
Posted 18 February 2014, 2:02 p.m. Suggest removal
B_I_D___ says...
Yeap...I'm the owner of a business that employs a couple hundred people...I can honestly tell you that I am looking at options for shutting the whole thing down and leaving my homeland for greener pastures.
On CIBC: ‘No choice’ but to cut 66 jobs
Posted 18 February 2014, 1:58 p.m. Suggest removal
B_I_D___ says...
Sign of the times...business licensing has more than quadrupled in the past couple years. Very quietly they upped business license fees AGAIN...guess they are trying to get one last suck out of business license fees before they 'promise' to do away with them with the incoming VAT...yeah right...still gonna be paying those fees plus vat...may as well close our doors now and call it quits...add another couple hundred people to the jobless queue on the streets.
On CIBC: ‘No choice’ but to cut 66 jobs
Posted 18 February 2014, 12:24 p.m. Suggest removal