{"id":20761,"date":"2024-06-19T18:48:53","date_gmt":"2024-06-19T18:48:53","guid":{"rendered":"https:\/\/ncnguyana.com\/2023\/?p=20761"},"modified":"2024-06-19T18:50:15","modified_gmt":"2024-06-19T18:50:15","slug":"financial-expert-devindra-kissoon-offers-key-advice-for-entrepreneurs-at-business-seminar","status":"publish","type":"post","link":"https:\/\/ncnguyana.com\/2023\/financial-expert-devindra-kissoon-offers-key-advice-for-entrepreneurs-at-business-seminar\/","title":{"rendered":"Financial Expert Devindra Kissoon Offers Key Advice for Entrepreneurs at Business Seminar"},"content":{"rendered":"<div id=\"fb-root\"><\/div>\n\n<p>By Nakasia Logan<\/p>\n\n\n\n<p>Financial expert and Head of the London House Chambers, Devindra Kissoon, recently provided essential guidance for entrepreneurs at the Women&#8217;s Chamber of Commerce and Amcham Business Brunch and Financial Seminar held at the Guyana Marriott. <\/p>\n\n\n\n<p>Kissoon shared valuable insights on starting or expanding businesses, emphasizing the importance of thorough due diligence and professional advice to effectively manage risks.<\/p>\n\n\n\n<p>Kissoon highlighted the necessity of understanding loan terms in-depth to avoid unforeseen pitfalls. <\/p>\n\n\n\n<p>He stressed that entrepreneurs should seek expert guidance when dealing with loans or selling businesses to safeguard their wealth. <\/p>\n\n\n\n<p>Ensuring comprehension of interest rates, repayment terms, and the full consequences of financial agreements is crucial for asset protection.<\/p>\n\n\n\n<p>In business partnerships and transactions, Kissoon underscored the significance of preserving ownership rights. <\/p>\n\n\n\n<p>He pointed out that minority owners can safeguard their interests by including clauses that require their agreement for major decisions, known as minority shareholder protections, which are part of a unanimous shareholders agreement.<\/p>\n\n\n\n<p>Kissoon also advised on strategic planning and risk diversification through a &#8216;tripod structure,&#8217; which involves allocating funds evenly between cash reserves, assets, and investments. <\/p>\n\n\n\n<p>This strategy enhances resilience against market fluctuations and other uncertainties, providing a balanced approach to risk management.<\/p>\n\n\n\n<p>Reflecting on common challenges faced by entrepreneurs, Kissoon emphasized the necessity of thorough market research and robust business planning for sustained success. <\/p>\n\n\n\n<p>Understanding market conditions and developing comprehensive strategies are foundational to achieving long-term business goals.<\/p>\n\n\n\n<p>Kissoon&#8217;s expertise in protecting assets and managing complex transactions, along with his advice on strategic planning, offers valuable guidance for entrepreneurs looking to safeguard their ventures and ensure long-term success.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Nakasia Logan Financial expert and Head of the London House Chambers, Devindra Kissoon, recently provided essential guidance for entrepreneurs at the Women&#8217;s Chamber of Commerce and Amcham Business Brunch&hellip;<\/p>\n","protected":false},"author":4,"featured_media":20762,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[361,365,350],"tags":[],"class_list":["post-20761","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-and-economy","category-human-development","category-news"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/20761","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/comments?post=20761"}],"version-history":[{"count":1,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/20761\/revisions"}],"predecessor-version":[{"id":20763,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/20761\/revisions\/20763"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/media\/20762"}],"wp:attachment":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/media?parent=20761"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/categories?post=20761"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/tags?post=20761"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}