7 Reasons Why Trade School Is Perfect for Entrepreneurs
If you are looking to start a business, education is one of the best investments you can ever make. No matter how much you learn, there is always something you do not know. Continuing your education as you begin your company will not only make you smarter, but it will likely add value to your business as well. For this reason, trade school is important for many entrepreneurs. Here are seven reasons why this kind of school can help you start a business, brought to you by The Career Whisperer.
1. You Have Options
When people think of trades, traditional construction roles often come to mind. Workers from these fields usually include electricians, plumbers, and carpenters. These are not the only kinds of trades though. Whether you want to perfect your photography skills or help sick people, there are many types of trade schools and alternative educational opportunities to choose from.
2. You Receive Specialized Training
Even if you already have some valuable skills, trade school can offer you the benefit of specialized training in your field. Additionally, you can often receive an official certification, which can help make your business appear more masterly and accomplished. By taking the time to advance your knowledge, as Eat Your Career points out, you are telling customers you are a professional who is well-prepared to provide the services you are offering.
3. Trade School Classes Are More Flexible
Compared to colleges and universities, schools that focus on trades tend to be more flexible for working students. Starting a business will keep you busy, so schedule flexibility can be critical to finishing any kind of program. Instead of attending college classes several times a day for multiple weeks, many trade programs are short-term and/or self-paced.
4. You Can Save Time
In addition to having a more flexible schedule, you will also spend less time earning your certification than if you were to pursue a college degree. According to the National Center for Education Statistics, most people spend at least four years working on a degree. On the other hand, it is common to finish trade school in less than 48 months. In the world of business, time is money. The less time you spend in a classroom, the more time you can focus on running your startup.
5. There Are Career Services Available
While many colleges offer career assistance that caters to students who are seeking work with an employer, finding resources for entrepreneurs can be more difficult. When you study a trade, the type of career services available typically differ. Depending on your field of interest, you can often find career support that specifically targets future business owners.
6. Learning Costs Less
As the cost of college increases, more and more people are looking for affordable learning options. In most cases, trade school costs significantly less than college. In addition, if you choose to start an LLC for liability protection and tax advantages, Wolters Kluwer notes there are other LLC benefits you might be able to leverage when it comes to paying for school. If this is something that interests you, check local laws as state regulations can vary.
7. A Trade Can Pay the Bills
Another financial benefit to this kind of program is you can start earning money more quickly than if you were to begin a career with a traditional college track. As a result, you can expand your business and take it in exciting new directions. Of course, earning money quickly means that you can bring on employees who can help you grow your business even further. As you do so, consider using tools such as time tracking software that can help you plan for payroll and generate important reports you need to keep your business heading in the right direction. Additionally, this software can help you take care of important tax filing and payments that you’ll need to handle. When you are starting a business, being able to support yourself while covering your business expenses can mean the difference between success and failure.
When you are starting a business, one of the best kinds of investments you can make is in yourself. By saving you time and money, a trade school program can offer the perfect opportunity to learn specialized skills that will help your startup succeed.
Marcus Lansky is the Founder of Abilitator.biz.