YEA and Chamber Deliver on Costing and Pricing

The Youth Economy Agency recently joined the Saint Lucia Chamber of Commerce, Industry, and Agriculture (CCIA) to offer a Costing and Pricing Workshop, with a special focus on young entrepreneurs.

The Chamber cites costing and pricing as "a critical element in business success," leading the CCIA to offer what it describes as a definitive workshop. Focused on the needs of the MSME Sector and budding entrepreneurs, this workshop was intended to have a significant and game-changing impact on attendees. 

Originally part of Chamber’s Mind Your Business Development Series, this signature workshop is designed to equip small business operators with the critical knowhow needed to develop effective costing and pricing strategies in an easy to apply manner. The Youth Economy Agency joined the Chamber in making this workshop available to a number of YEA Clients across the island. In fact a second Workshop is being planned for Vieux Fort and there is hope that other partners will join the Chamber and the YEA in making the important skills, tools, and knowledge that will be shared in the workshop available to as many business people as possible.  

The in-depth workshop was Facilitated by Mr. Benjamin Menald, a highly experienced and knowledgeable financial expert who provided participants with immediately applicable tools to be utilized in their businesses. The workshop sessions were held over five days in June 2024. The sessions were run from 5:30 -7:30 p.m. and were deliberately set that way to minimize disruption to the business operations of the MSME’s. 

This workshop is designed to be useful to goods and services providers as well as to those who import and export as specific modules and cases studies were utilized to impart the relevant knowledge. The Workshop was hosted at the Chamber Training Room, on the 2nd floor of the Bois D’Orange Commercial Center in Bois D’Orange, Gros Islet.