Antigua Barbuda Association of Small Business Owners

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  • 02 Jan 2019 2:54 PM | Anonymous

    There are no hard and fast rules about what tools you must own, if you are going to embark on a mission to improve your time management skills. The following simple tools, however, are inexpensive, and can help make the process of tracking, planning and organizing your time easier and less burdensome.

    Time Monitor Journal- This resource comes in both the digital and traditional varieties. It is useful in helping you to monitor and record your own use of time, in order to identify key areas for change.

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    Select a planner that allows you enough room to keep track of a number of appointments and daily goals, but that is small enough so that you are able to carry it with you at all times.

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  • 22 Nov 2018 10:34 AM | Jermile Andrew (Administrator)

    Accountant and business coach Sandra Baptist of the Antigua Barbuda Association of Small Business Owners spoke about the mindset that was necessary to make money.

    Nine finalists will compete for more than $15000 in cash and business support this Thursday at the culmination of the Innovate to Lead Boot Camp and Pitch Competitionn (#i2LPitch).

    #i2LPitch is a collaboration of the Youth & Sports Development Programme in the Ministry of Education and Goldenmedia.

    Hon. Minister of Education Delmaude Ryan shared her message via video as she is away at another youth event. She congratulated the finalists on entering the competition and said it would not be a quick fix to see their ideas accepted but this week was about helping them improve their vision and convince the judges they have found a solution to a problem. "All of our dreams can come true if we have the power to pursue them."


    Speaking during the #i2LPitch boot camp on Monday evening Richard Pummell of Workonnex, an HR evaluation software encouraged attendees to begin with the end in mind. Consider what their ultimate goal was for the business then build it out accordingly. He asked them to look at how they will localise their venture rather than a one-size-fits-all approach.





    Accountant and business coach Sandra Baptist of the Antigua Barbuda Association of Small Business Owners spoke about the mindset that was necessary to make money. She said to breakthrough into abundance entrepreneurs must have big thoughts, aligned with the right beliefs then take the necessary actions. "Reducing chaos in your personal life will allow you to do the same in your business," Baptist said. "Stop standing in your own way."


    Minister Ryan thanked the business community who have endorsed the project by sponsoring thousands of dollars in support, which includes free legal fees, waivers on business accounts set up, six-months of mentorship, graphics design and marketing, among others.

    A winner in the 13 - 17 category will also receive a $2000 cash prize. The cash prize in the older category is $5000.

    The nine finalists have submitted ideas which fall into the three categories of social enterprise, technology, and culture. They are: Finesse Event Planners by Keturah Daley and team; Island Blend by  Toni Fenton; Yado by Dexter Small; Battery Solutions by Takim Aymer; VIP Media by Carandre Fernandez; 3D Con - Chaquille Sam; Motion Graphics by Ja-Moi Phillip; Gig-A-Bite by Linda Dias; and Undone Wellness by Delon Searles.

    #i2LPitch is part of the Young Entrepreneurs Week organised under the theme "Creating impact and economic development by empowering youth". Other activities include an information evening on the new Company's act on Wednesday at the Brades Arts & Education Centre, the #i2LPitch finals on Thursday at the Montserrat Cultural Centre, a reception at the Governor's Home on Friday and the Annual General Meeting of the new Young Entrepreneurs Association on Saturday.

    Source Credit: http://www.mnialive.com/articles/finalists-for-montserrats-innovate-to-lead-boot-camp-and-pitch-competition-i2lpitch-announced

  • 20 Sep 2018 5:43 PM | Jermile Andrew (Administrator)


    ST. JOHN’S, Antigua, 20th September 2018: The Ministry of Trade in collaboration with the Organization of American States (OAS), are pleased to announce the launch of the Small Business Development Centre (SBDC) Competition. The Antigua and Barbuda Small Business Development Centre (ABSBDC) is expected to help businesses become competitive by providing long term consulting, training, financing and market research solutions that create real economic impact. To facilitate the launch, the logo competition is being hosted.

    The winning design will be used in all media, including online, on merchandise and other visual collateral in the soon to be launched and implemented by the Antigua and Barbuda Small Business Development Centre (ABSBDC).

    Educational institutions, through their students are encouraged to participate and express their creativity and make a meaningful contribution to the creation and branding of the Antigua Barbuda Small Business Development Centres.

    The Official Rules of the SBDC Logo Design Contest are as follows:

    • To be eligible, each entrant must be a currently registered student of Antigua State College, ITC Cadet, ABIIT, GARD Center, ABHTI or 5th form student. Individuals or teams of up to two students of any of the institutions may enter the contest.
    • Individuals or teams may submit no more than two entries (a separate Entry Form must accompany each submission).
    • All submitted work must be the original work of the entrant(s) and must not include, be based on, or derived from any pre-existing or third-party designs, trademarks, or copyrighted images.
    • All entries will become the property of the Ministry of Trade. By submitting an entry, each entrant agrees that any, and all intellectual property rights in the logo design are deemed assigned to Ministry of Trade.
    • Except where the law prohibits, an entry submission into this competition constitutes permission to use the winner’s name, likeness, prize information, and information provided on the entry form for publicity purposes, without further permission or compensation.
    • Ministry of Trade reserves the right to modify the winning logo to better fit the needs of the SBDC’s purpose.
    • The decision of the Selection Committee will be final.
    • Create a logo design in .jpeg, .psd or PDF formats (if you are chosen as a winner, you MUST be able to provide a high-resolution vector or raster format file (e.g., in Adobe Illustrator, Photoshop, or InDesign).
    • The selected winner MUST submit a scalable vector or raster format of the winning design so that it is adaptable to electronic and print media, to reproduction on small and large surfaces, and to use in color or in grayscale. (e.g in Adobe illustrator, Photoshop, or in Design)
    • The design must include the tagline - Supporting Ideas, Growing Businesses
    • All submissions should be made on or before October 31st, 2018

    How to Enter:

     To enter the Ministry of Trade SBDC’s logo design competition, eligible participants must:

    • Complete the Official Entry Form. Please click here for the Official Entry Form.
    • Submit your completed Entry Form and logo design to mtci@ab.gov.ag

    End
  • 06 Jun 2018 4:30 PM | Jermile Andrew (Administrator)


    There are many different ways that you can create a home-based online opportunity. Within this article today we are going to look at creating a home-based online business opportunity. The first one that we will look at is to become a freelance writer. This is a very good way for you to make money if you need some part-time income but it is not as something that you can do on a full-time basis. 

    It is often hard because there are so many writers out there that the amount of money one can make off of freelancing might not be enough to pay the bills. This can be a great way to start and get your feet wet working online because you'll have several different opportunities to learn about different areas of the Internet. Many authors have been given the opportunity to write and learn about different subjects such as writing for e-zines and other online opportunities.

    This can make you more savvy about the Internet and how you could further create a home-based online business opportunity through your talent and insights from your freelancing experience. If you are interested in learning more about freelance writing, you should look into directfreelance.com or freelanceworkexchange.com. I would highly recommend looking at freelanceworkexchange.com because if you join for a week, you can see a variety of jobs that they have to offer as well as be able to download an in-depth ebook on how to make good money freelancing. 

    This e-book is very valuable and gives you some good ideas to make extra money freelancing or how to market yourself adequately as a freelancer. Another way you can work in creating a home-based online business opportunity is to work on building a website built around a particular theme or niche. This does not take a great deal of money and if you work at this, it can build up into a very nice part-time or full-time income for you. You may not see instantaneous results but if you take time every day to work on developing your website you'll be pleased with the end result. If you want to find some underserved niches that are in need of a good website to be built around this, take a look at the following website: www.findhotniches.com. 

    This website will give you particular information on how to build a website and a niche as well as particular niches that need some development. You are given all the tools and you have to take your time and develop a website. Hopefully this article today on creating a home-based online business opportunity is giving you some food for thought. We only looked into a couple of possible suggestions but if you take the lessons learned here and search the Internet and keep an open mind, you can find anything that can possibly interest you. 

    If you look the website www.clickbank.com and look around at the different products, you may find an affiliate program that you may want to market as well. What is great about this particular website is that everything is already set up as far as products are related and all you have to do is figure out how to sell the product. This will go back to you learning more about Internet marketing and about the different strategies that you can do for this.

    Photo Courtesy: https://www.business2community.com

  • 24 May 2018 4:49 PM | Jermile Andrew (Administrator)


    There are two things that go hand in hand making who the person is today. These are confidence and self esteem. If the person is unaware of one's potential or what he or she can become, the term given to someone is a loser. Nobody wants to be called a loser but unfortunately, there are a few in society. These are the people who don’t have any ambition or drive in life, can’t hold a job and most of the time are unemployed. This is the reason that self esteem and confidence should be built from the ground up as a child.

    There will be challenges in life and someone who is get up again after falling down is what separates the men from the boys. A good deed should never be given the proper acknowledgement. Parents should always tell the teen if he or she has done a good job. The best way to do it is by being very specific. An "A" for example on the report card can be displayed on the fridge. A medal or a trophy won in a competition can be placed frame or a case. This is something the person can look at to reminisce such a time and be used as a driving force for future challenges. The positive attitude one has can also serve as inspiration to others. Parents can also teach the children to be optimistic about life despite the many setbacks. Studies have shown that this type of attitude strengthens ones ability to do just about anything which is much better than feeling depressed. 

    Some people have it while others don't. One of the many gifts that people have is individuality. Parents who have children who are fit should not tease or name call those who are fat. Just imagine how the person would feel if the situation was reversed. The same thing goes when the teen is given a task. The parents can show signs of disapproval in a better way by explaining that it needs more improvement instead of striking the person down which will later develop signs of anger and resentment. It is one thing to give praise in front of the child. It is another to say something different to others. There must be consistency. No one has the perfect son or daughter at home. 

    However, there is always a better way of expressing one's feelings without hurting someone else especially when that individual is family. A lot of people believe that the youth are the future. If this is so, parents, teachers and friends should do more that just pay lip service to build confidence and self esteem. 

    Parents should be more active by participating in things that the child enjoys. Students not doing in school should be given more attention than those who are can do it without assistance. Friends should be more understanding. All of these people play a significant role in the person's development and hanging around with the right crowd will really help in the long term. 

    Believe it or not, life is a gamble. There are victors and there are losers. With self esteem comes confidence and that is something that can never be read in any textbook but taught and instilled in the minds of the youth.


  • 30 Apr 2018 10:39 PM | Jermile Andrew (Administrator)

    For Immediate Release

    St. John’s, Antigua (April 30th 2018) – The Antigua Barbuda Association of Small Business Owners (ABASBO) will be hosting LEAP! 2018: The SME Conference, a two day event scheduled to take place on May 23rd and 24th 2018 at Jolly Beach Resort & Spa. This is the 3rd year hosting this Conference, which is quickly becoming the premier entrepreneurship and SME conference within the region. The theme for this year’s conference is Disrupt. Innovate. Grow. LEAP! 2018 will attract Business Owners, Corporate Leaders, Entrepreneurs, SMEs, aspiring Entrepreneurs and Women Leaders. 

    Day One of LEAP! 2018 will be the General Conference and is geared towards all aspiring business owners and entrepreneurs as well as existing micro, small and medium-sized enterprises (MSME’s). On Day 2 in the morning will be the “Blockchain & Cryptocurrency for Business & Investing” Post-Conference Workshop.This interactive workshop is a ½ day event where you'll learn the fundamentals of blockchain technology and cryptocurrency investing opportunities to help you properly align and incorporate them into your business practice. Attendees will gain a deeper understanding and get a holistic perspective on the future of money, including available financial and technology options and security considerations as well as insights on how blockchain technology and cryptocurrency are changing governments and the legal aspect of money. In the afternoon on May 24th will be Women LEAP!, a half-day session designed for women in business and corporate leaders as we discuss “Investing & Wealth Building Opportunities for Women & Families”. 

    At this Conference there will be an exclusive Panel of National, Regional and International Guest Speakers presenting on a wide range of Business Topics and Areas. Our hand-picked Caribbean speakers and experts include:

    -          Sandra Baptist, Antigua – Founder, ABASBO and CEO, PACCS Inc.

    -          Janice Sutherland, Antigua – CEO of JaniceSutherland.com

    -          Tanya Smith, Canada -  CEO of Tanya Smith International

    -          Telly Onu, St. Kitts – Founder, Beyond Capital Markets

    -          McKenzie M. Slaughter, USA – Prohaus Capital and Beauty and the Bull

    -          Gabriel Abed, Barbados – Founder of Bitt Inc. and Digital Asset Fund

    -          Warren Cassell, Antigua/Montserrat – Co-founder, WestIndianLawyers.com

    -          Dr. Kenneth Onu, St. Vincent – Motivational Speaker, Author, Coach

    -          Tevin Shepherd, St. Lucia – Youth Advocate and Fitness Enthusiast

     For persons who are unable to attend the Conference live, we will be livestreaming the 2 days of the Conference via our Live Access Webpage. Participants can experience the Conference and tune in live for the keynote presentations, while watching from the comfort of their office or home. Sponsors and Partners of LEAP! 2018 include PACCS Inc., the Caribbean Union Bank, First Caribbean International Bank and Destiny TV. 

    For more information about LEAP! 2018: The SME Conference, visit: www.LEAPantigua.com or call: 268-464-1084.

    End

    Media Note:

    Contact Sandra Baptist for more information.

    Phone: (268) 734-1084

    Email: info@ABASBO.com | Website: www.ABASBO.com



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  • 28 Mar 2018 11:14 PM | Jermile Andrew (Administrator)

    This year at LEAP! The SME Conference 2018, we will be drawing many of the Caribbean's business leaders and small business owners together to learn and do business!

    LEAP! 2018 is about interrupting the business conversation, challenging business owners and entrepreneurs to emerge with better business models while differentiating their products and services!

    We will focus on more innovative and effective approaches in managing your business!

    LEAP! 2018 is the 3rd annual conference held by the Antigua Barbuda Association of Small Business Owners. 

    This year our theme is DISRUPT | INNOVATE | GROW!! 

    We will be hosting 10 sessions on May 23 and 24, 2018 at the Jolly Beach Resort, Antigua. 

    Learn more about our exciting speakers for LEAP! 2018.

    • Wednesday, May 23 2018: General Conference

    • Thursday, May 24 2018 AM: Post-conference Workshop

    • Thursday, May 24 2018: PM: Women LEAP!

    Tickets for LEAP are going fast and can be purchased at:www.LEAPAntigua.com!

    Click here for more information regarding LEAP! The SME Conference 2018!



  • 15 Mar 2018 8:57 AM | Jermile Andrew (Administrator)

    St. John’s, Antigua – 9 March, 2018 — International Women’s Day is celebrated annually, around the world on March 8th. This a day where we join in to celebrate and encourage the accomplishments and hard work of Women and their contribution to society. It is a day when women are recognized for their achievements without regard to divisions, whether national, ethnic, linguistic, cultural, economic or political. In accordance with this, the theme this year for International Women’s Day is “Press for Progress”.

    In collaboration with the Antigua and Barbuda Employers Federation and FLOW. Sandra Baptist, Founder of the Antigua Barbuda Association of Small Business Owners (ABASBO) and Women’s Entrepreneurship Day Ambassador for Antigua and Barbuda, gave the feature presentation at the International Women’s Day Cocktail Event.  Ms. Baptist delivered the following message at this event:

    International Women’s Day – #PRESSFORPROGRESS

    • Participate fully. Life is too short to sit on the sidelines. YOU are the actor in your own movie.
    • Re-examine what you want to do with your life. Life is too short
    • Educate yourself continually. Learn something new every day. Business is changing too fast
    • Selfishly love yourself. You cannot pour from an empty cup.
    • Schedule thinking-time with yourself. Personal development. Your business will only grow to the extent that YOU do.
    • Find and fulfill your life’s mission by translating that skill into your ideal business.
    • Organize your life to grow your business. How you do one thing is how you do everything. The Universe likes order. Money likes order.
    • Ready yourself for when opportunity arises. Too many of us miss opportunities because even though we ask for what we want, we don’t get ready.
    • Prepare to get what you’ve asked for.
    • Resort to Big-picture thinking. Add a Zero!!
    • Over-deliver, over-respond to clients and customers.
    • Go regional, go global, go international. Antigua and Barbuda is not your marketplace. The world is!
    • Remove distractions. Set blocks time. Remove most cell phone notifications.
    • Evaluate your goals every 3 months. Overall vision èannual plan è quarterly goals è monthly and weekly targets è daily tasks
    • Set goals. Write down what you want. Use a journal. Use present tense. Goals must be clear.
    • Scale your business. Unless yo want to work forever, focus on creating a scalable business




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  • 08 Mar 2018 5:30 PM | Jermile Andrew (Administrator)


    St. John’s, Antigua – 8 March, 2018 — The Caribbean Export Development Agency‘s Women Empowered through Export Launch and Conference was held at the Hilton Barbados Resort, Bridgetown, Barbados on March 7, 2018.

    We-Xport is focused on women owned businesses that are in all stages of development and is designed to support Caribbean women in business to start exporting or increase exports of their products and services. Women Entrepreneurs and Business Owners, from across the region were in attendance to participate in this inauguration.

    In attendance, representing Antigua Barbuda was Sandra Baptist – Women’s Entrepreneurship Day Ambassador Antigua Barbuda and Founder of the Antigua Barbuda Association of Small Business Owners.

    This new programme aims to support Caribbean women in business to start exporting and to strengthen women owned businesses to increase their ability to access finance and to provide training opportunities in core business and professional areas identified as priority areas by female entrepreneurs.

    WE-Xport is designed to support Caribbean women in business to start exporting or increase the exports of their products and services. The programme will;

    • Strengthen and support women owned businesses to increase their ability to access finance
    • Support their access to new markets through facilitating networking opportunities and B2B meetings
    • Provide training opportunities in core business and professional areas identified as priority areas by female entrepreneurs
    • Advocate on issues and public policies that negatively affect female entrepreneurs

    Applications for the We-Xport Programme is presently ongoing and will end on 6 April 2018 at 4:30 pm.

    For additional information regarding the We Xport Launch, please visit: https://www.carib-export.com/event/we-xport-launch/

    End. 




     


  • 04 Mar 2018 5:00 PM | Jermile Andrew (Administrator)

    One of the hardest presentations to make is the entrepreneurial pitch. You have a great idea for a business and you want someone to give you money to make it happen. The problem is that venture capitalists, angel investors, and even rich uncles are heavily predisposed against you. Why? Because 99% of the pitches they hear sound like sure-fire prescriptions to lose money! 

    If you are pitching investors to give you money for a new venture, you should subscribe to the following rules: 

    1. Explain exactly what your business is within the first thirty seconds. Many entrepreneurs waste valuable time giving loads of data, background and other info—all the while investors are left scratching their heads thinking “What does this business actually DO?” 

    2. Tell your audience who your customers will be. Paint a vivid, specific picture of these people. 

    3. Explain why your customers going to give you there hard-earned money. 

    4. Explain who your competitors are. (And if you say you have no competitors, that is a certain sign you are unsophisticated and deserve no investment money!) 

    5. Explain why you are the ONE to make this happen. 

    6. Give your presentation with confidence and enthusiasm. Investors want a founder/CEO to be a chief salesperson; they want to see that you can convince the world of your dream—not just them. 

    7. Explain what star you can hitch a ride to. Has Best Buy or Radio Shack agreed to distribute your new product? Investors feel much more comfortable knowing you have an established player willing to distribute your wares. 

    8. Ask for a specific amount of money. If all you do is ask for money, then you can’t complain if an investor gives you $3.25 for a cup of Starbucks coffee. 

    9. Tell prospects exactly what you are going to spend the money on (hint:a trip to Maui for you and your friends will not impress) 

    10. Dress well, act confident, and put on the air that you don’t really need their money, but would be willing to accept it if they bring enough to the table to be a strategic partner for you. 

    Sad but true regarding human nature, but people are much more likely to give you money if they feel you don’t really need it. Finally, make each pitch presentation serve as a focus group for your next presentation. When one group of investors asks you a series of questions after you pitch, write down all of those questions and make sure most of them are answered in your next pitch so that the next group doesn’t have to ask them. 

    Keep pitching and keep improving your pitch and eventually you may get funded!

    (Photo Credit Courtesy): www.ABASBO.com

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