'Kiss Of Death' For 25 Firms

Wed, Jul 27th 2011, 11:00 PM

THE New Providence Road Improvement Project has proved to be "the kiss of death" for many small Bahamian-owned businesses in the Robinson Road and Market Street areas, a leading consultant to the sector telling Tribune Business "at least 25" had gone out of business.

Mark A. Turnquest, of Mark A. Turnquest Consulting, which provides advisory services to small and medium-sized businesses, said that when combined with the effects of the recession, the Project's roadworks had been too much for many companies to bear.

"That was the kiss of death," he told Tribune Business. "The recession started it, and the roadworks fi ...

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