Self-Employment Services provides eligible participants with the opportunity to receive financial assistance and entrepreneurial support in both the development of a business plan and launch and operations of a new business.
Income earned from the business operations will not reduce the amount of a participant’s Self-Employment funding. Self-Employment Services also provides entrepreneurial/business training and on-going business counselling. Additional Employment and Labour Market Service information is also available at the Employment Program of BC website. The province of British Columbia also produces the Starting a Small Business guide as an additional resource for new entrepreneurs.
Community Futures works in partnership with the Greater Trail Community Skills Centre and the Ministry of Social Development to deliver Self-Employment Services. We evaluate Self-Employment Services applications to ensure proposed business concepts are viable and sustainable. For more information and to investigate your suitability for Self-Employment Services please contact:
Greater Trail Community Skills Centre
To apply for the Self Employment Benefit you must meet the following criteria:
For more information and to investigate your suitability for the Self-Employment program please contact:
Greater Trail Community Skills Centre
To apply for Self Employment Services you will need to complete the following steps:
In general the initial Stage 1 Funding Application will provide 10 weeks of support to allow for the completion a business plan. This is based upon acceptance into the program after submission and approval of your business proposal by the volunteer Self-Employment Committee.
Applying for the program
Application requirements include completion of the following forms:
Acceptance into the program
If your funding application is approved and you chose to proceed with the business, you will then be asked to sign and enter into a formal agreement with the Province of British Columbia, which involves completion of the following forms:
Continuation of funding support
You are required to submit and present your business plan to the Self Employment Committee at the end of week 10. If your business plan is approved, you will then be able to continue with Self-Employment Services for the launch and implementation phases of your business, up to a maximum of another 38 weeks (subject to the terms of the program).
You will be required to attend 5 mandatory business courses and up to 5 elective courses during this time.
Participation in the following core business training modules are mandatory for all Self Employment Program participants. Additional optional training modules will be available to SE participants based on client training needs. More training options are available in our Business Resources section.
Managing Business Operations
Managing Business Operations is key to the success of any business. Defining your product or service, knowing what’s unique about your offering relative to your competitors, and setting realistic goals along with a measureable action plan are essential to growth. This course will help participants to focus on developing the following sections of their business plan:
Financial Management is one of the most essential ingredients to the long term success of any enterprise, and is related to all facets of business development, planning, and budgeting. The financial part of a business plan is one of the most reviewed sections by potential investors, partners, key personnel and lending institutions. It is to the entrepreneur or business owner, what a compass is to the navigator. This course will help participants to focus on developing the following sections of their business plan:
Marketing & Sales
Having a great product or service mix is one thing, however, without a solid and flexible marketing and sales plan behind it, a business cannot move forward for long. This course will help participants to focus on developing the following sections of their business plan:
Human Resource Development
Creating a work culture that is supportive, nurturing and challenging, while communicating a safe and supportive environment is a constant challenge for any business. Recruiting and retaining the right people for the job is paramount to the success of any business. This course will help participants to focus on developing the following sections of their Human resource plan:
Succession Planning & Selling a Business
A Business Succession Plan is a detailed strategic approach to guide the transition of business ownership, and allows the business owner to plan for, communicate and effectively manage change. It is a necessary part of initial and ongoing business development as it involves many aspects of:
The course will provide participants with the tools to complete an initial succession plan and exit strategy for their business.
Self-Employment orientation sessions are normally scheduled for the third Thursday of each month, with the exception of June in 2017. The full day sessions go from 9:00 am to 4:00 PM, and are held in Community Futures offices at 825 Spokane Street in Trail, BC. Our offices are located on the top floor of the Federal Building above the post office (Canada Post). You may register for our upcoming orientation sessions using the form below.
Please note: All attendees are required to have first met with a Career Facilitator from the Community Skills Centre, in order to assess their eligibility for Self-employment. If you`re interested in the Self-Employment program and have not already done so, please contact the Skills Centre at 250 368 6360 or visit them online at www.communityskillscentre.com
A business plan is probably the single most important document in an entrepreneur's toolkit. It is a written document that is used to describe the viability of a business, and is much like a blueprint for a building. Blueprints are drawn up to visualize a building and avoid costly mistakes, and like a blueprint, a business plan is drawn up on paper to help visualize business operations and avoid costly mistakes. There is a saying - "Nobody plans to fail, they just fail to plan". The success of your new business will be in direct proportion to the effort you put into researching and preparing your business plan. Nine out of ten businesses without a business plan fail, seven out of ten businesses with a business plan succeed!
At a bare minimum, a business plan will state: the goals of the business, why the goals are believed to be attainable, and how those goals will be attained. A well-constructed business plan can help the entrepreneur set:
Business plans are considered to be a living and breathing document. Firms of all sizes use these plans to communicate business goals and objectives to all stakeholders, and update appropriate sections as business environments change. A good business plan is like having a roadmap or compass when traveling into unknown territory.
There is no such thing as a one-size-fits-all business plan, and for the uninitiated the best starting point is to begin with a business plan template.
The following Microsoft Word template was created by Community Futures of Greater Trail and has evolved over time to ensure contents remain current and relevant to the local business environment. To save the plan to your computer, right click here and select the save option.