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Want to be a Contractor? |
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IBEW members who become electrical contractors have the advantage of knowing not just a trade and an industry, but also how to unleash the powerful contributions of the men and women who work on their projects. Today, there's a compelling need to better train and prepare new entrepreneurs — members who are starting their own contracting businesses and who are willing and able to respond to the major changes afoot in the electrical industry. To fill that need, IBEW is launching a new program, Market-Driven Contracting. Delivered by a faculty comprising generations of experience in contracting, the program's two week-long sessions will not only offer the basics to get started in one's own business, but also ongoing coaching to avoid the potential pitfalls of new owners. The first session, limited to 32 class members, will be offered on May 18 - 24 at the IUPAT Residence Suites and Conference Center in Hanover, Md. Week 1 Curriculum During Week 1 of on-campus instruction, students will gain in-depth exposure to accounting, financial and legal subjects encompassing business administration concepts that every contractor should know. Return Home to Start the Business Then, students will return home for six weeks to complete a rigorous set of take-home assignments to start their new businesses, including filing for incorporation, selecting accounting, legal and insurance firms, beginning a banking relationship and developing a business plan. Week 2 Curriculum Students come back to class, where instructors will concentrate on best practices in both pre-construction and construction activities, with an overarching theme of balancing well-planned material management with the effective use of multiple classifications of electricians. Cost The pilot program will start on Sunday evening and conclude on Saturday at noon. The cost per attendee is $1,000 per week for a total of $2,000. Included in the cost is food and lodging at the IUPAT Conference Center. Travel costs will be the responsibility of each attendee. Application Online registration will be set up soon. If you have questions, please contact IBEW Education Department Director Amanda Pacheco at (202) 728-6104 or at Amanda_Pacheco@ibew.org.
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