Afro Canadian Contractors Association

ACCA-GBC Entrepreneurship in Construction Course

The Afro-Canadian Contractors Association (ACCA), in partnership with the prestigious George Brown College, has developed a new course on entrepreneurship in construction.

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Here’s what you’ll learn…

Business Idea Development

Using established research processes, learners develop and refine a construction industry business idea, including how to position the business for success.

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Identify an entrepreneurial product or service (within the construction industry).

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Develop and refine the business idea for an existing product or service in the construction industry.

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Outline short-term and longer-term goals for the construction business.

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Analyze consumer data in the construction industry to refine the product/service idea and to inform the product differentiation strategy and the creation of a business plan.

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Define/Refine the target audience of the business.

Business Plan

Learners develop an evidence-informed business plan, outlining key resources, work plans, and success measures.

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Create/Refine a business plan based on research and required resources (Financial, Physical, Intellectual, Human, and Digital).

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Outline realistic work plans that include branding, communication, marketing, sales and customer service strategies, operations, and key success indicators.

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Highlight ways the business plan promotes sustainability and corporate social responsibility.

Financial Planning

Learners conduct a detailed analysis of the costs involved in launching and operating a new business.

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Conduct a two-year financial forecast.

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Calculate expenses and potential income.

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Analyze the impact of supply chain management and operations management on the financial health of the (construction) business.

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Present the financial plan using industry-standard business communication tools.

Grow Your Business

Learners develop a clear introduction to a business or service and estimate labour, materials and overhead accurately for a construction project.

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Outline the purpose and importance of a business pitch.

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Identify the key elements and characteristics of successful business pitches and bids.

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Develop a clear introduction to a business/service to engage new clients and maintain existing clients.

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Estimate labour, materials and overhead accurately for construction projects

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Submit a competitive bid that considers market conditions, project requirements, and available company resources.

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This Program Will Be FREE For Selected Participants.

This Employment Ontario program is funded in part by the Government of Canada and the Government of Ontario.

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