Small Business Management for Trades
Small businesses continue to show growth in today's economy, providing opportunities for tradespeople who possess a combination of trade and business knowledge. This Acknowledgment of Completion will help students develop some of the skills necessary to plan and manage a business, emphasizing a core business curriculum focused on the management of a trades business. Students learn the basics of finance, marketing, project management and operations as well as legal, ethical and planning considerations.
Admission & Registration
Ontario Secondary School Diploma (OSSD) or equivalent (Mohawk Academic Upgrading, GED) OR 19 years of age or older.
Program of Studies
Below is the current Program of Study. To see which courses are currently being offered this term please visit the Course Catalogue.
For information on the textbooks needed for the upcoming term please visit our Textbook Search site.
Click on the course number below to check current availability and for registration information
|Course Number||Course Name||Course Description|
|BUSN10232||Business Planning for Tradespersons||Research and develop a trades business plan at a level that is ready to implement. Examine the steps and methods for developing a complete business plan including marketing, operational and financial components in addition to evaluating the viability of business ideas. Prerequisites: BLDG10729 and BLDG10730 and FINC10053 and MRKT10087.|
|BLDG10729||Emerging Trends and Innovation in the Trades||Equips future leaders and entrepreneurs in the trades with the ability to analyze and manage emerging trends and nurture a culture of innovation within their fields. Use case studies, research reports, online collaborative tools and creative thinking methods to develop the ability to continually improve the day-to-day operations and long-term sustainability of a trades business.|
|BUSN10230||Ethical and Legal Issues in the Trades||
Understand and improve your ethical position as a trades business owner. Review how to make tough yet ethical choices within the pressures of competition. Explore your personal integrity threshold and determine the impact of your decisions on business results using current events, case studies and discussions. Examine legal considerations in the operation of a trades business.
|FINC10053||Financial Processes in the Trades||Provides a financial toolkit specifically designed with the entrepreneurial Journeyperson in mind. Explore the logic behind appropriate project pricing and time to completion charting, which can be the difference between profit and loss. Introduces the simplicities of an IPO and the complexities of the risk and return correlation.|
|HRES10013||Introduction to Project Management||Learn project management fundamentals and techniques based on the typical project lifecycle. Includes project initiating, project definition, work breakdown structure, estimating effort, budgeting, scheduling, risk management, controlling resources, quality assurance, auditing and closing. Equivalent to: BUSNBE305 (Project Management).|
|MRKT10087||Marketing a Trades Business||Engage participants in practical exercises on how to improve a trades business through proven marketing strategies. Determine how service marketing in a trades business differs from traditional product marketing, considering various messaging and media options that resonate best with trades customers. Create a streamlined plan of action to promote your service.|
|BLDG10730||Operating a Trades Business||Operating a trades business involves legal and ethical challenges. Develop a foundational understanding to improve your ethical position as a trades business owner, including how to make tough yet ethical choices within the pressures of competition. Use current events, case studies, and discussions to explore personal integrity thresholds and determine the impact of decisions on business results. Examine legal considerations such as legislative, contractual, and municipal obligations.|