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Entrepreneurial Training Program

Sole Proprietorship / Partnership /  Corporation

ccra-adrc.gc.ca/tax/business bcitventure.com/best/faq bcitventure.com/best/grads
business.gov/taxes cybf.ca/YouthBusinessFoundation  

 

ccra-adrc.gc.ca/tax/business Business Number: (Federal Government - CCRA)
onestopbc.ca Business Name: (Provincial Government - Ministry of Finance)
worksafebc.com Registered your business with the Workers Compensation Board
  Obtained a municipal business license
Important Business Tasks
  Obtained business insurance to cover the following?
    (Refer to your local city government for details)
  (Refer to your insurance agent for details)
  Opened a business bank account (Separate from your personal bank account)?
  Joined any industry association(s)?
  Printed business cards?
  Printed a brochure?
  Developed a business website?
  Number of hours spent on business activities this month?
  summarize activities into 10 or less categories below. (Types of activities include, but are not limited to: advertising & promotion, marketing, sales, networking, client/contract work, business development, trade show attendance, business research, administration etc.)
  What progress have you made in your business over the past month?
(Note: Describe in detail (250 words or less) the specific sales and marketing activities undertaken, any new capital expenditures made, new contracts signed with suppliers, distributors, customers etc.)
  What business targets/objectives do you want to achieve next month? Please list:
  How did your business perform financially this month? 
  How much money have you invested in your business to date (in kind and cash)? (As per HRDC contract governing the BEST program - you must invest at least 25% of your EI benefit [roughly $4,000 - $5,000])
  In your opinion, is your business generating a 'living wage'?
(Living wage: enough cash to pay all your normal/basic living expenses.)
 
 

REGISTRATION

Next sessions for VENT 0075 Exploring Self Employment: 

Exploring Self Employment is a half day workshop held several times throughout the year. For more information about times and locations, please contact Sonia Sacilotto at the BCIT Venture Development Centre:

790-555 Seymour Street
Vancouver, B.C. V6B 3H6
Telephone: (604) 412-7651
Fax: (604) 688-8437 
E-Mail: sonia_sacilotto@bcit.ca

Or register online at the main BCIT website.

The BCIT Venture Development Centre is now offering its newest entrepreneurial training program:

Exploring Self Employment

Exploring Self Employment is designed to help prospective entrepreneurs understand what it really takes to go into business for themselves. 

In Exploring Self Employment you will:

5.  Capital Investment Required

6.  Obtain Return-to-Work Action Plan

Best Program Application "Guidelines"

In order to apply to the BEST program you must meet the following criteria to qualify:

  1. You must attend an Information Session. Please go to the Main Page for details on the next session.
  2. You can devote at least 35 hours per week or 140 hours per month to your business for the duration of the program (48 weeks).
  3. The business is new to you.
  4. You have between $4,000 - 5,000 in cash or cash and assets to invest immediately into the business. Proof of these amounts is required i.e. bank statement, line of credit, invoices etc. when you apply.
  5. Obtain a Return-to-Work Action Plan or referral from an HRSD-sponsored case manager.

For other locations, please contact your local HRSD office.

If you meet these basic criteria, please click Continue.

Jump Start Your Venture
 52 Week Course Outline

Week 1

To provide you with an overview of the steps you need to take to turn your idea into a viable business opportunity, the first week is spent at the Downtown Campus of BCIT.

Day 1

How to check if your idea is worth pursuing, the Opportunity Analysis:

  • Polish your idea
  • Is there a market for your product/service?
Day 2

Opportunity Analysis cont’d:

  • How much Money is needed?
  • Am I the right person?
  • Introduction to Business Planning:
  • What’s in it?
  • Why do I need one?
Day 3

Business Planning:

  • Creating a Business Plan gives you an understanding of all aspects of managing your business – General Management, Marketing Management, Financial Management, Operations Management
Day 4

How to use technology and the Internet as a Marketing Tool for your business

What rules and regulations do you need to watch out for?
Day 5

Business Launch:

  • Marketing steps you need to take
  • How to Sell your product/service
  • Introduction to Enterpriser

Weeks 2-11

You will have Access to Enterpriser from your home computer. Enterpriser is our on-line Business Planning and Start-up tool, designed to help you through the process of developing your Business Plan to prepare for your business launch. It allows you to continue development of your plan from the classroom instruction you received in week 1 and is supplemented by providing access to an advisor for up to 6 hours during these 10 weeks either by telephone, e-mail or in-person.

Week 12

During this week you will return to the Downtown Campus to present your Business Plan to a panel of people from the business community for their feedback and advice. Times will be arranged to suit your schedule. Special panel presentation arrangements can be made for out of town students.

Weeks 13-52

During this 9 month period, you will have access to an advisor to help guide you through the critical start-up phase of your new business. This is a ‘do or die’ period for most new business owners. Being able to contact an advisor by phone, e-mail or meet in person, can help you keep your business on track.