Now that I have done the course what am I going to do with all this information.......Write about future plans whether you want to do entrepreneurship or not and give reasons why

   So now the entrepreneurship course has finished; I have learned so much and I'll soon be going to the next step which is the area of work. The question is: will I become or have intentions of becoming an entrepreneur? Of-course the answer will be yes. After being introduced to entrepreneurship, I could see myself owning and running my own business. Before I have been introduced to entrepreneurship, I've already made goals that I want to accomplish. Goals such as furthering my education and acquiring my own house. There is no doubt that I will become an entrepreneur after accomplishing my goals because I wish to be my own boss, make a difference in my community and better the economy of St. Vincent by providing jobs through my business for the willing young people.
   In conclusion, I want to wish all my classmates good luck in the field of work and hope that they use the information about being an entrepreneur wisely, and I also want to thank my lecturer Mr. Maloney for introducing this course to us.

So I’ve established my business... what now?

   Yes I did it!! I have established my business; but what now? What must I do? Entrepreneurs must know that establishing a business is not the end of it. After establishing our businesses we must ensure that they grow and become even more successful. Here are some tips that can help you grow your newly established business:

• You can offer your business as a franchise
• Expand you business
• Advertise your business
• Export your products
• License your product
• Form alliances
• Offer as many products and services as you can
• Seek out different markets

   In one of my previous blog posts, I mentioned a rickshaw business that I will like to set up, and lets say I've already established it. This is how I will lead it to further growth and success: first I will advertise my business using simple communication medias such as radio and flyers. Afterwards, I'll seek out a worthy partner to help me expand my business to other densely populated areas such as Camden Park and Georgetown. Then, finally, I'll offer different sectors to my service; which includes: romantic rides through the country side, and cruising for people who just want to sit back and relax.

   The strategies for growth that I will use for my business are:

• Advertising- This is where I promote my business to inform people that I offer a service that they can take advantage of.
• Forming an alliance- This is where I will seek out a partner to help me grow the business.
• Offer other products/services- This is where I developed different branches of my service to reach different targets.  

So you want to set up a business... Choose a location and explain why you would set up your business there

location location location. This is one of the most important factors that affects a business. In-order to decide where to set up your business for the best productivity, you must first analyze your target customers for their Geo-location, so that you can set up your business close by. The demographics of your customer is not the only factor that you will want pay attention to. There are other factors which includes:

•  Competitors- You don't want to set up your new business next to a competitor who has been in the business for years.
• The distance from other businesses- Other businesses will have their customer traffic which will benefit a new business because it won't have generate it's own.
• Costs of utilities in that area.

   So now I want to set up a rickshaw business to carry people around when they don't feel like walking. Where do you think I will set up that business? I will set it up in Kingstown, because a lot of people who shop often have a lot of bags to carry and more shopping to do, and or has to reach from one part of town to the next quickly. Since no one has implemented that idea as yet there will be no competition. Also I'll set up my business there because there are mechanic businesses in the same area that I can go to if one of the rickshaws need repairs.

Social Media....Can this help my small business in SVG?

Can Social Media help my small business in SVG? This question has two answers because it is decided based on your customer's profile. So if the target market for your business are people who are fifty five (55) and older, people who discourages technology or people who are anti-social in both the virtual and real world; social media may not be the best thing for you. Also, for a country like St.Vincent whose population is mainly farmers who are not tech savvy and are more users of traditional media instead of social media, this approach wouldn't be best. So, in-order to know if social media is best for your business you need to carefully analyze your target customers. 

  If you've analyzed your target customers and you found out that social media is good for your business, there are a few benefits that it can do for your business. Those benefits include:

• Social media can help your business get quick real time feed back form it's customers.
• Social media can help your business to find new customers.
• Social media can help increase market intelligence.
• Businesses can share files quicker and more efficient on social media.
• Social media can help your business create strong bonds with it's customers through communication.