When taken at face value, it may be tempting to think that the most cost-effective method of shipping is clearly the cheapest, but this may not necessarily be the case. In fact, this notion is what often leads most to hold firm to the belief that ocean freight is always the most cost-effective of the shipping modalities. However, in some cases it is the cheapest shipping mode that can potentially cost your business the most, and in turn impair your bottom line.
Read more3 Things You Should Do After Becoming A Registered Manufacturer
So, you’ve taken the bold step to become a registered manufacturer—kudos to you. The world is now your oyster as you are no longer limited to the standard, cost-driven raw materials available locally but instead can expand your repertoire to include low cost, high-quality inputs sourced on the international market.
Not only will this move translate to a multitude of cost saving opportunities and hence positively impact your bottom line, but exemption from the payment of import duty on equipment and materials used in your manufacturing processes will also give your end products a competitive advantage.
Dear we say, you are well on your way to dominating your market space. Here are three tips to get you going.
Read moreImporting Personal Effects and Household Goods into Barbados (Non-Nationals)
If you're a non-national relocating to Barbados, we have you covered. In this article we explain what you need to know about bringing your personal effects and household goods to Barbados.
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