Flipping Grand Bahama

It's about over a week since the last post and in that time we have hosted the first Bahamas Womenpreneur Power Conference and Expo at the Pelican Bay Hotel in Freeport. Well the number of participants was not what we wanted but we had a number of vendors and over all I would deem it a success. Collaborating FSI, with Media Unlimited and Flipping Grand Bahama we did a lot of promotions online and some radio advertising, as well as newspaper articles. We learned a lot in putting on the event, and even more from the speakers on staring business, how to deal with the recently implemented Value Added Tax (VAT) and where funding is possible in The Bahamas. Again the aim of this blog is to be a game changer, to change the mindset of the people in the country and particularly on the island of Grand Bahama for us to change it into a successful little island. Of great importance we learned about the concessions implemented for the people living outside Freeport and those concess...

Freeport is a company owned town. When it was established it was not a unique concept. Business visionary Wallace Groves, tired of his life in the United States moved to The Bahamas first moving and taking over the lumber business in Abaco then moving to Grand Bahama. He shared his vision and got others to see something what there only stood many pine trees. He enthused other business people and even the Bahamian government that approved his vision and began what became known as the first company town in The Bahamas. Now this came about in the mid 1950s, but it was back in 1903 that Milton S. Hershey broke ground n the first company town that began his chocolate empire. In an article from Forbes Magazine, it was stated by Croft Associate Professor of History and International Studies at the University of Mississippi, Oliver J. Dinius that employers had practical reasons for company towns. It was said that in response to the industrial revolution, they needed large work forces...