Cost and Pricing Training Programme
June 19, 2024
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Press Release
Press Release Details

In response to numerous requests from smaller members andother MSMEs on island, the St. Lucia Chamber of Commerce Industry andAgriculture is hosting its signature programme; “Costing and Pricing.”

 

Originally under the “The Mind Your Business Development Series” this programme provides critical business management insights, tools, skills, and knowledge to operators of small businesses. This Course is in-depth and delivered in a practical guidance workshop style by a trained and experienced expert and professional, who will impart the critical know-how required by participants who can apply and implement them immediately. The programme ensures participants understand the critical tools and steps to arrive at the best price for goods produced and services provided by calculating and appreciating all costs involved which is critical to developing a proper price structure.

 

Proper costing and pricing ensure that businesses are competitive while remaining viable: two crucial aspects that must be skillfully balanced, especially in a competitive business environment where costs are escalating, and customers are increasingly price conscious.  

This course aims to help business operators improve their pricing strategy by increasing their understanding and knowledge of this component of business management and operation, leading to greater efficiency, competitiveness, and profitability.

 

The facilitator of the Workshop is Mr. Benjamin Menald, a private consultant, who has, after retiring from active practice in the US, working with many large corporations, has lectured at Monroe College’s MBA program. Mr. Menald comes with over 30 years of extensive experience in corporate America, in the areas of Financial Planning Analysis, Strategic Planning, and Costing and Pricing. Further, Mr. Menald has delivered this workshop on several occasions for the Chamber, receiving outstanding reviews.  

The course will run on Wednesday JuneWednesdayJune 19th and Thursday June 20th , and continue from June 25th to 27th, 2024 from5:30 – 7:30 p.m.

The venue is the St. Lucia Chamber of Commerce, Industry & Agriculture’s Training Room, on the 2nd floor of Bois D’ Orange Commercial Center, Bois D’ Orange, Gros Islet. The Chamber seeks to host this workshop in the South of the island as well, for which further details will be provided shortly. Please click the link to register.

Please contact the St. Lucia Chamber of Commerce Industry and Agriculture for further information at 1-758-452-3165or email info@stluciachamber.org

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Frequently asked questions
Where is the St. Lucia Chamber of Commerce located?
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The St. Lucia Chamber of Commerce, Industry and Agriculture is located at Orange Park Commercial Building, 1st Floor, Bois D’Orange, Gros Islet.

Is the St. Lucia Chamber of Commerce part of the government?
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While most chambers work closely with government, they are not part of government  

What are the benefits of being a member of the St. Lucia Chamber of Commerce?
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Advocating on behalf of members with the public sector. Increased visibility and credibility. Business training and education information sharing and networking.

What is the main purpose of the St. Lucia Chamber of Commerce?
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A chamber of commerce is an organization of business owners and entrepreneurs who promote the interests of their local business community. Chambers of commerce provide access to valuable resources, discounts, and relationships that help businesses save money and market their products.

What powers does the St. Lucia Chamber of Commerce have?
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Chambers of Commerce will act to promote public policies that are in the best interest of business, in general. Specific Chambers of Commerce may also attempt to promote policies that serve specific industries or geographic locations.