By Sheldon Spackman
Central Albertans working in the trades industry are being encouraged to attend a Business Basics for Tradespersons Seminar being held at RDC on Saturday, November 19th.
Officials say the seminar will allow people working in trades to learn more about how to launch and run their own businesses during an economic downturn.
In a release, college officials say Business Basics for the Tradesperson is provided at no cost for participants, who will learn about small business finance, legal structures, risk management, tax and accounting, employment, sales and marketing. A panel discussion focused on starting a business in challenging times will also provide opportunities for attendees to ask questions of experienced entrepreneurs.
For those looking to further refine their business ideas, the Transform Your Trade competition offers a chance to prepare a business plan and present it to local business leaders, all for the opportunity to win $5,000 toward starting a small business. The Dragon’s Den-style competition is open to anyone with a business idea to enhance a trade, with the individuals with the top five proposals making presentations to a panel of judges. The event, which was first offered in March, is sponsored by local philanthropists, Jack and Joan Donald.
“Many people working in the trades start their own businesses, but they aren’t necessarily trained to run a business,” says Jack Donald. “In my last year of my apprenticeship program, I took a course in business law, which was offered on a trial basis, and it was invaluable for my career. Joan and I believe that knowledge about running a business is essential for people to have success, and that’s why we’re very supportive of this event.”
The Business Basics Seminar will run from 9:30-3:30 p.m at RDC’s main campus, however space is limited so pre-registration is required. Transform Your Trade will take place on February 4, 2017, with more details available on RDC’s website.
(Photo courtesy of RDC)