Preparing for Ownership


Russell James Smith. (22, March 2010). Flat White Coffee. Retrieved from CC-BY-2.0, via Flickr


Welcome to Preparing for Ownership, the second of three modules that will help you become an entrepreneur. So far, you have covered a wide range of material including:

  1. Reviewing the steps you have taken to arrive at the point of wanting to be an entrepreneur
  2. Identifying the growth potential of the business
  3. Examining the current population for both employees and customers
  4. Looking into the future supply of workers
  5. Estimating the business market share and its importance
  6. Reviewing the different types of ownership forms
  7. Exploring existing contract and fiscal responsibilities

Now take your time to work through and follow the links provided in Preparing for Ownership.

Learning Outcomes

By the end of Preparing for Ownership, you will be able to:

  1. Understand the need for a Shareholder Agreement within a small business.
  2. Recognize the importance of a business plan.
  3. Study the BC labour standards.
  4. Plan for recruitment and retention of employees.
  5. Polish supervisory skills as a small business owner.
  6. Work with other business owners to strengthen your target business.
  7. Develop strategic competencies to distinguish your future business.