Monthly News & Updates

September 2024 Issue

Bermuda Business Spotlight

This month, we are highlighting Janee Pitt, owner of Tassel Bermuda, and a participant in our twelve-month Enterprise Bermuda Incubator program. Tassel Bermuda offers lightweight, handcrafted earrings inspired by a passion for unique designs and creativity. The Enterprise Bermuda program, by the Bermuda Economic Development Corporation, supports local entrepreneurs in turning their business ideas into reality.

Learn More About Tassel Bermuda!

Did You Know?

BEDC offers a wealth of resources and documents on our website that are invaluable for your business journey.

This month, highlight the Personal Income Statement. This simple yet powerful document details an individual's financial status, breaking down income and expenditures. Crafted to be easy to read, it helps you keep an eye on your money, enhancing decision-making skills. By giving you a clear picture of your money coming in and going out, it helps you plan better and make sure your business can grow.

DOWNLOAD

Mind Your Business Podcast

Tune in to find out how to mind your business with BEDC, special guest entrepreneurs, industry experts and more. This month we featured:

Nandi Outerbridge, Bananas Party

Jenny Farrer, Coson Corporate Services & Janice Gutteridge, CHW

Cayla Cross, Cross Court Tennis Academy

Giniko Butterfield, Dizzy Dome Party Rentals

WATCH HERE

Book an Appointment

Interested in how BEDC can help you in these challenging times? Want to apply for one of our products? All appointments are completely confidential and complimentary. Book a free consultation with one of our officers today!

BOOK NOW

BEDC How-To Guides

Are you looking to start a business in Bermuda but don't know where to begin? Let our How-To Guides help you! BEDC has curated a host of industry specific guides that outline specific information, requirements and the necessary processes for getting your business off the ground.

LEARN MORE

ByBermuda

Looking to get your business online? Join the ByBermuda virtual market today! It's a unique opportunity to showcase your business online, accept online payments without any cost, and connect with a wider audience. All at no charge to you. Sign up now!

Payroll Tax Reminder (October 15th Deadline)

Just a friendly reminder: Payroll Tax e-filings are due soon! Keep your business on track and avoid late fees by submitting before October 15th. Please visit the Office of the Tax Commissioner's site by clicking the button to e-file.

CLICK HERE

This Month at BEDC / The Highlights

Navigating PIPA

Over 100 people attended BEDC’s webinar on Tuesday, September 26th, 2024. Hosted by The TLC Group of Companies, participants learned about the key requirements of Bermuda’s Personal Information Protection Act (PIPA), practical steps to safeguard personal data, and how to avoid potential penalties.

Attendees left with actionable insights to strengthen customer trust while ensuring compliance with the new data protection laws set to take effect in 2025.

WATCH HERE

ZipX and BEDC Partnership

ZipX and BEDC have partnered to help local small businesses save on shipping. BEDC-registered businesses can get a discount on ZipX services by signing up for a free membership. To claim the discount:

LEARN MORE

BEDC Monthly Product Spotlight

Debt Consolidation Micro Loan: Simplify Your Business Finances!

ByBermuda: Bringing Local Businesses Online

With 28% of Bermuda residents choosing to buy local when possible, ByBermuda offers a convenient online marketplace connecting consumers to local businesses. It supports the economy by making local shopping easier and also provides businesses with the opportunity to expand their global reach, showcasing Bermuda’s unique products to the world.

Tip & Support Articles

5 Telltale Signs Your Tech 'Solutions' Are Working Against You | Entrepreneur

Spend more time troubleshooting than actually using tech profitably? Ways to change these systems to better fuel growth, as well as peace of mind.

5 Ways Solopreneurs Can Scale Their Business Through Collaboration | Entrepreneur

Our culture loves to perpetuate the myth that entrepreneurs must go it alone. But for many, the path to success is found in collaboration.

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