PLMB 3810 Trade Entrepreneurship

Business planning, marketing, and financial management for independent trade practitioners.

About the course

PLMB 3810 Trade Entrepreneurship covers the business skills you need to run a successful trade business. You will learn how to write a business plan, market your services, and manage the finances of a small operation. The course focuses on the practical steps to becoming an independent contractor or small business owner in the construction trades.

Who takes this course

This course is an elective for students in the Carpentry & Construction Trades department. It is open to students in the Carpentry & Renovation Techniques program and the General Carpenter (Apprenticeship) program.

Credits: 3 · Hours: 45

Prerequisites

None

Learning outcomes

• Create a business plan tailored to a small trade operation.
• Develop marketing and client acquisition strategies for independent contractors.
• Prepare basic financial statements and manage cash flow for a trade business.
• Identify legal and regulatory requirements for operating a trade business in Ontario.
• Evaluate insurance and risk management options for self-employed tradespeople.

Evaluation