Manage your business

• Manage your finances
• Hire employees
• All about tax payments
• Stay legally compliant
• Buy assets and equipment
• Marketing and Sales
• E-commerce
• Stay safe from cyber threats
• Prepare for emergencies
• Close or sell your business
• Employ someone with a disability

Manage your finances

Keeping track of your income and expenditure will assist you in smoothly managing your business. This is why proper bookkeeping and a basic understanding of finances are essential.

Contents

• Look for accounting assistance
• Course “Empresario Prepara”
• Commercial credit

Look for accounting assistance

You can receive accounting assistance in a variety of ways, including hiring a certified accountant, hiring an administrator or using online services. Just make sure the right person is in charge of the following:

• Accounts receivable
• Accounts payable
• Cash
• Bank reconciliation
• Payroll

Course “Empresario Prepara”

IDEA has been offering the course “Empresario Prepara” since September 2012. Every year, beginning in April, this course is offered from 7:00 PM to 9:15 PM This course is offered twice a week. This course’s goal is to educate aspiring and current entrepreneurs.
This mission is part of the plan of the Aruban Government to expand the island’s economy by focusing on micro, small and medium-sized businesses. These companies may be able to bring new commercial activities and innovations to Aruba and contribute to the diversification of the island’s economy.

Due to the high level of interest shown by applicants in this course, IDEA has decided to expand the educational curriculum by adding the course “Empresario Prepara II”. IDEA organized the course “Empresario Prepara II” for the first time in September 2017. The courses “Empresario Prepara I & II” include the following:

Course “Empresario Prepara I” (EP I):

• This course package includes six modules totaling 25 lessons: Corporate Social Responsibility (Human Rights & Business), Business Continuity Plan, Marketing, Business Plan, Business Law, Small Business Administration & Finance.

Course “Empresario Prepara II” (EP II):

• EP II consists of four modules (an extension of the curriculum of EP I) and a total of 19 lessons: Small Business Tax, Innovation, Developing Brand Awareness for Customer Satisfaction, Leadership and Management.

Other organizations who offer similar courses are:

1. 1. The Chamber of Commerce of Aruba
   Course: Course Independent Entrepreneur SMEs
   

2. 2. Qredits Aruba
   Course: Be Your Own Boss
   

Commercial credit

You can apply for a commercial credit for your company at a local bank or at Qredits Aruba.

Contact information:

Commercial banks in Aruba

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