Gateway Gazette

How to Avoid Business Failure

Southern Alberta entrepreneurs to benefit from new program in Okotoks

Okotoks, AB – 80% of businesses in Canada will fail within the first three years. Two local organizations want to make sure Southern Alberta business owners don’t become part of that statistic.

This fall, entrepreneurs in Southern Alberta have the opportunity to learn how to build their businesses into profitable entities under the guidance of a professional business coach. Community Futures Highwood and Business Edge Coaching have partnered to offer the ProfitEDGE program to small business owners in Okotoks and surrounding area.

Community Futures Highwood is one of 90 Community Futures offices in Western Canada, operating as an independent, non-profit organization, supported by Western Economic Diversification Canada. Community Futures Highwood is an entrepreneurial development centre that provides business planning assistance and one-on-one business training to assist individuals who are interested in self-employment or in expanding their business.

The partnership with Business Edge Coaching is a perfect fit, as Business Edge brings its established ProfitEDGE program to teach entrepreneurs strategies to build a successful business.

“The ideal participant is a business owner who is starting a new business, or an existing business owner who understands what they need to improve on – the tools and systems to help their business be profitable,” states Ursula Sherwood, certified ActionCoach. Sherwood, an Okotoks resident for the past 11 years, wants to give business owners a leg up on their competition.

“Beginning with your business vision and continuing with sessions on service, sales, financial fundamentals and other critical areas, the 12-month group coaching program takes participants through the essentials of running your own business,” she adds. “Accountability calls – with peers and with the coach – help participants stay on track.”

The ProfitEDGE program begins November 18, 2014 at the Community Futures boardroom. Registration is available through www.businessedgecoaching.ca/ events-calendar or call (403) 455-1577.

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