Detroit's Build Institute to begin teaching small business classes in Ferndale

The Build Institute, an entrepreneurial empowerment organization based in Detroit, is branching out from its urban core and into the suburbs. The organization has partnered with the City of Ferndale to bring its popular small business classes up Woodward Avenue and across Eight Mile Road.

Build and Ferndale are partnering to host an eight-week business and project planning class called Build Basics. The class covers a wide ranging host of topics regarding what it takes to open a business, including licensing, financial literacy, market research, cash flow, and more. Over the course of the class, registrants will develop and leave with a completed business plan.

Build Basics is available to residents of Ferndale, people employed in the city, or people considering or intending on opening a business in Ferndale. Classes are available on a sliding scale, depending on income and household income, and range from $100 to $300.

The organization warns potential applicants that interest in the program is high, and that people will be accepted on a first-come, first-served basis. Classes will be held at Rust Belt Market every Wednesday from Jan. 10 through Feb. 28, from 6 to 9 p.m.

To apply for Build Basics Ferndale, click here.

The Build-Ferndale partnership is also producing the GROW Peer Roundtable, where Build facilitates a forum for Ferndale's second-stage business owners. An advisory group will lead discussions on growth.

The roundtables will meet twice a month, every other Wednesday from Jan. 10 through March 21, from 3 to 5 p.m. at Rust Belt Market.

It costs $150 to enroll in the GROW Peer Roundtable. Applications are available to Ferndale-area entrepreneurs with businesses that are progressing toward breaking even or generating positive cash flow.

To apply GROW Peer Roundtable Ferndale, click here.

Rust Belt Market is located at 22801 Woodward Ave. in Ferndale.

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MJ Galbraith is a writer and musician living in Detroit. Follow him on Twitter @mikegalbraith.