Introduction video

Course Duration

This course will be delivered both synchronously with 3 live 3-hour instructor-led live webinar sessions plus 16 hours of added recorded sessions.

Gold Seal Credit: 4

Course Description

Whether you work for an existing construction related business or are planning to start your own business this course will provide you with the information necessary to be a more valuable employee, successful entrepreneur. This course explores the key concepts of business management as it applies to the operation of a construction, trade related or consulting business. Participants develop the skills necessary to establish, market, and operate a successful business by learning and applying a variety of soft, technical, and analytical skills. Course Topics and Learning Outcomes:

• Entrepreneur versus Intrapreneur
• Identify the different business types
• Develop mission, vision, and core value statements
• Set goal for the business
• Develop strategies to achieve those goals
• Business plan fundamentals and template included
• Learn the basic fundamentals of Financial Statements
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement
  • Markup, Overhead, and Profit
  • Financial ratios and terminology
• Advantages of a business owner, ROI
• Risk
• Sales and Marketing
• Negotiations
• Hiring & Training
• Culture and Motivation
• Leadership

This course is suitable for both entrepreneurs and intrapreneurs and anyone who wants a greater understanding of how a construction business is started and run successfully over the long term:

Project Coordinators
Consultants
Assistant Superintendents
Superintendents
Assistant Project Managers
Sub-contractors
Project Managers
M&E coordinators
LEED coordinators
BIM coordinators
Architects and Designers
Estimators
Field Engineers