There are many businesses that are eligible to list on the Jamaica Stock Exchange, but they lack the right information to take the next steps. If you’re wondering why you’d want to take your company public we’d love to share three benefits before we dive into ‘How to prepare your company to get listed’.
The perennial question of ‘Good Debt versus Bad Debt’ was looked at in the previous article. We concluded that debt should be taken on only when value is enabled in the long run. But optimally I posit that no debt is good, as one is borrowing based on anticipated income before it is actually earned.
When trying to create or manage your wealth, debt always seems to find its way into the equation. In today’s world where instant gratification is encouraged and the norms of what one should possess is dictated by repetitive advertisements selling western ideals, many have fallen into the trap of buying now and worry later.
As we face the challenges that abound in this ‘day and age’, the need to have a sound financial plan has now been brought to the forefront. With the instances of high prices and unemployment it cannot be business as usual. Governments worldwide are creating plans to find ways to prevent additional fall out.