Construction college can upgrade small contractors

April 12, 2015

Q: I've been able to start up my construction business, but to really get going I could use some advice on how to win bids, effectively deal with general contractors and, in general, operate my small business. Where can I get help?

A:  I recommend the Construction Contractors' College, a program of the Entrepreneurs' Learning Center at the Kingdom Builders' Center. This program launches on June 9 with a curriculum shaped by representatives from certifying agencies, experienced contractors and successful small businesses. The program's major sponsor is Capital One Bank, and it's free to participants. Qualified graduates have access to more than $750,000 in funding to assist in expanding their businesses.

The overall goal of the Construction Contractors' College is to help small and minority business owners in construction and construction services who have been in business at least one year. It's designed to prepare owners to bid on contracts in the public and private sectors. The curriculum has been developed and will be taught by experienced business leaders to achieve the following objectives:

  1. Develop sound business practices.
  2. Improve the credit-worthiness of the individual owner and the business.
  3. Position businesses for bidding opportunities.
  4. Take the owner's business to its next level, particularly in the area of economic development, enabling these businesses to become employers increasing the financial stability for themselves and their employees.
  5. Give business owners face-to-face time with general contractors.
The comprehensive curriculum is designed to provide relevant and useful information that can be practiced immediately. Course topics include credit awareness, specialized business plan development, certification, bidding, project management and access to capital.

Participants will learn to develop a business structure around their skill or trade, improve their likelihood of securing financing, have direct access to the Metropolitan Transit Authority's express certification process and receive coaching and counseling from experienced professionals, including SCORE and other seasoned consultants.

The six-month program is for small construction contractors who have been in business at least a year and have filed tax returns in their business names. Classes will meet two evenings each month at the Kingdom Builders' Center, 6011 W. Orem Drive. Application for the next term closes on May 1, and only 20 slots are available to the best-qualified candidates.



Click here to learn more and apply online or call 713-726-2519.

2 comments:

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