This course is oriented to the entrepreneur and looks to provide the student with the necessary skills to get a small business underway. While tailored specifically to the horticulture/landscaping industry, all students who are thinking of starting their own business may use this course. Most aspects of being a business owner are explored from the initial plan up to retirement.
Horticulture, turf and landscape personnel interested in maintaining financially viable operations.
Upon successful completion of this course, students will be able to:
- Prepare a business plan
- Demonstrate the basics of bookkeeping
- Prepare budget and forecasting statements
- Implement production / inventory management tactics
- Summarize business financing options
- Produce marketing strategies
- Analyze the implication of taxes
- Forecast and develop business strategies to sustain and grow a landscape design company
Module 1: What is an Entrepreneur, The Business Plan, Legal Forms of Business
Module 2: Key components of a Business Plan
Module 3: Bookkeeping, Balancing your Cheque Book, Income and Expenses, Accounting vs. Bookkeeping
Module 4: Budgeting and Forecasting
Module 5: Building Relationships, Sales Process
Module 6: Production and Inventory Issues, Inventory Policy, JIT
Module 7: Marketing, The Marketing Plan, Positioning
Module 8: Understanding Cash Flow, Alternatives to Financing
Module 9: Financial Statements and Analysis
Module 10: Types of Financing and Financing Options
Module 11: About Taxes, Source Deductions, Sales Taxes
Module 12: Exit Strategies, Expansion, Planning for the Future
This course is a required core course within the Creating Landscapes Certificate, Sustainable Urban Horticulture Certificate and Growing Plants for Profit Certificate. This course is an elective course within the Sustainable Urban Agriculture Certificate.
|Business Cases (5)||50% (10% each)|
|Assignments (2)||30% (25% and 5%)|
*Grading scheme is subject to change.