GoForth Institute announces price reduction in small business training, and free e-book

femaleentrepreneursWhen our customers speak, we listen. As such, GoForth Institute is pleased to announce that effective today, the price of our online small business training will be permanently reduced from $295 to $195. Additionally, all new registrants will receive our resource curriculum e-book delivered via USB to complement their learning – for free!

Why the price change?

At GoForth, we pride ourselves on our relationships with our nearly 100 education partners across Canada. We make it a point to keep in touch and gather feedback regularly. Recently, during six months of testing with two different partner groups, we heard loud and clear that entrepreneurs wanted small business education that was more accessible and affordable than ever before. And we agree.

What’s changing?

The training itself will still include our 100 Essential Small Business SkillsTM and 10 video modules taught by expert instructors, and will take just 10 hours to complete. It’s perfect for those who want to improve their odds of small business success conveniently and affordably. And while our testing groups loved the free curriculum e-book via USB, we know that some registrants still prefer hard-copy books. For these budding entrepreneurs, our printed Curriculum Book will still be available for purchase.

So, to recap – effective immediately:

  • GoForth Institute’s industry-leading entrepreneurship training is permanently reduced to $195
  • All registrants receive a free curriculum e-book when they sign up

We couldn’t be more excited to make it even easier for Canada’s entrepreneurs to learn all the skills they’ll need to improve their odds of small business success!

Visit our website for details, and begin your journey into entrepreneurship today.

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Perks and snags of cooperative businesses

cooperative_businessA cooperative business – which is organized and controlled by its members – is an association of people who want to satisfy common needs. There are about 40,000 cooperatives in the USA and about 8,800 in Canada. If you’ve stayed at a Best Western hotel, or shopped at a Co-op grocery store in Canada, you’ve done business with a cooperative organization.

Members pool resources and each member gets one vote on major company issues. Membership is open and voluntary, and members may receive dividend payments – their portion of the company’s profits – if the cooperative is profitable and dividends are provided for in the by-laws. Users or stakeholders of the cooperative usually include consumers, producers, workers or multi-stakeholders.

A cooperative may be formed in accordance with the Canada Cooperative Associations Act once it has business locations in at least two provinces. A co-op can also be formed in accordance with a territorial cooperative status, which outlines its corporate form and mode of operation.

Here are some perks and snags of a cooperative business.

Perks

  • Limited liability.
  • Profit distribution in proportion to use of service.
  • One member, one vote (democratic control).
  • Owned and controlled by members.
  • Greater ability to respond to community needs.
  • Community development in remote areas can be stimulated as a spin-off from a cooperative activity.
  • The survival rate of co-ops is higher than that of private sector companies.
  • Life of the company doesn’t end with the death of a shareholder.

Snags

  • It takes longer to make decisions.
  • Record keeping requirements are extensive.
  • Less incentive to invest additional funds — members having the larger investment have no advantages over smaller contributors.
  • Conflicts may develop between members.
  • Members must participate for the success of the cooperative.

 

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GoForth and ADLC to deliver Canada’s first online entrepreneurship course for high school

We’re excited to announce our partnership with Alberta Distance Learning Centre to deliver Canada’s first online, mobile entrepreneurship course for high school students! It’ll be launched in September to Alberta to students in Grades 10-12. They’ll have access to video game mechanics, streaming HD videos – and it’s completely mobile, suitable for desktops, tablets and phones.

Calgary Herald’s Mario Toneguzzi wrote an article about the new course in today’s edition, and you can read it here for more details.

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Dr Roberts featured as a Global Calgary Woman of Vision

We’re proud of our own Dr. Leslie Roberts this week – she was featured on Global Calgary‘s Woman of Vision series on May 2! Watch the video below to find out some of Dr. Roberts’ inspirations and experiences starting and running GoForth Institute, Canada’s leading online education for entrepreneurs.

 

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Screen your small business idea with GoForth Institute’s VPMF Test

Nearly 70% of Canadian small businesses don’t last to their second year – ouch! Studies show that entrepreneurs who have some sort of education in the finer points of starting a business see their success rate rise from 30% to 80-90%.

So, why not start this small business education right from the small business idea? One of the first things we tell our entrepreneurs is that a small business idea may not translate into a viable small business. Many things come into play between the A-Ha! Moment and the Open for Business Moment. In our February newsletter, we talk about GoForth Institute’s VPMF Test, a quick screening model that runs a small business idea past four key pillars of success:

  • Value
  • Problem solving
  • Money-making
  • Fit

The VPMF Test was created by Dr. Leslie Roberts as a way for entrepreneurs to quickly identify strengths and weaknesses in their small business idea. It’s a great jumping-off point for future development – or the best time to walk away, before too much money and time have been invested.

Read more about GoForth Institute’s VPMF test for small business idea screening. What do you think of it?

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