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Ontario Erectors Association

The Construction Contracting Business Fundamentals Academy (Level 1)

The program focuses on the skills needed to start a contracting business or strengthen an existing business. Participants learn how to develop a business plan, prepare an operations plan, establish financing, set up an accounting system, understand the benefits of becoming certified as a small business, find work, collect money from customers, identify insurance requirements, understand contract terms and conditions and avoid problems that will compromise business success. The program provides the business foundation that will strengthen a contractor’s ability to be profitable during the early startup of their company and to become firmly established as a successful contractor.

In July, IMPACT launched its new Construction Contracting Business Fundamentals Academy (Level 1) in Ann Arbor, Michigan. The program was a tremendous success. As a result, IMPACT will be hosting the program several times around the U.S. and Canada in 2016.

The program will be offered February 8 – 12, 2016 in Mississauga, Ontario.

You can find information on the course or register at The program agenda covers the following important topics:

Monday, February 8, 2016: Dale Hansen, MDA Training
Morning: Establishing & Financing a Construction Business
Afternoon: Developing a Business Plan and Operating Plan Tuesday, February 9, 2016: Ken Roper, FMI / Tyler Pare, FMI Morning: Financial Management for Contractors: Financial Statements Afternoon: Financial Management for Contractors: Cash Flow Cycle

Wednesday, February 10, 2016: Ken Roper, FMI / Tyler Pare, FMI All Day: Getting Paid for Contractors Thursday, February 11, 2016: Devin Pipkin, TrueNorth / Cindy Menches, IMPACT
Morning: Insurance Requirements for Contractors
Afternoon: Understanding your Construction Contract – Part 1 Friday, February 12, 2016: Cindy Menches, IMPACT
All Day: Understanding your Construction Contract – Part 2 If you are unable to attend in Mississauga, the 5-day program will also be held at the following locations.

March 21-25, 2016: Houston
July 18-22, 2016: Ann Arbor, Mich.

The business success of our contractors is vital to the growth of the Ironworkers. Consequently, IMPACT and the Ironworkers are committed to helping prospective, new and more established contractors strengthen their business knowledge and skills, ensuring that our Ironworkers continue to be gainfully employed, to grow and to thrive.

Questions about this program should be directed to Dr. Cindy Menches at IMPACT at 800-545-4921.