By NEIL HARTNELL

Tribune Business Editor

THE Bahamas' proximity to the US is the key factor undermining Bahamian entrepreneurs and small businesses, a leading accountant believes, adding that "thousands of jobs and hundreds of companies" would be created at home if it were not for the ease of Miami shopping.

Raymond Winder, managing partner at Deloitte & Touche (Bahamas), told Tribune Business that because a significant percentage of residents did the bulk of their goods and services purchases in Florida, the "normal recycling" of investment and salary dollars did not happen where the Bahamian economy was concerned.

It was this loss of potential consumer spending th ...

Click here to read more at The Tribune