Students to learn how to start a business

By Christian Horta

Students who would like to know more about opening a business will have the chance to learn how, at the Gig Economy open house event which will take place on Wednesday and Thursday.

It will be held at F7-113 at 5:45 p.m., and on Thursday, it will be held in F7-203 starting at noon. The event is free to attend.

Allen Coson, Ph.D., an economics professor, encourages all students to attend, including those who have the slightest interest in business, despite their economic background.

“By having this type of workshop, we are enabling students to trust us, the faculty, as their mentor, as a support unit,” Coson said.

Coson also hopes that this workshop will make information more accessible to students.

“We chose to make this a two-day event to accommodate all students because we felt that having it only one day may only attract those who are only here on Mondays and Wednesdays or Tuesdays and Thursdays”

Coson wants to bring all students on the same page by having this type of workshop.

“Not everyone is as privileged.  Some people don’t have proper guidance and don’t know who could lead them in the right direction,” said Coson.

Although the workshop is aimed toward a business-oriented audience,  Coson highly encourages anyone to attend.

Information will be provided on how to get a loan, attain a business license, how to create a business plan, what to look for when opening a business, costs, location and how to budget.

Additionally, attendees will learn how improve credit score, including what to do and what to avoid.

According to Coson, managing credit is one of the biggest issues with students, “In the past, no one has really told us the do’s and don’ts of a credit card,” Coson said.

Coson would like for more financial informational workshops to happen in the future.

He believes that every student should have full access to the basics of how to finance.

“We would like to focus on creating a class specifically for personal finance,” Coson said.

Coson is in the process of putting together a new economics course that will focus on personal economics.

“You will be taught how to manage your checkbook, how to manage your credit card bills, how to improve your credit score, even as far as how to buy a vehicle or a home,” Coson said.

Coson also encourages students to take advantage of all resources that East Los Angeles College provides.  “We want to make sure that people have an ownership here at ELAC.  We are here for one thing, our students,” Coson said.

The workshop will include a panel, along with an open question session and possibly a city employer.

Gig Economy is sponsored by the entrepreneurship club, and will collaborate with business and social science department.

The event will last about 1 hour and 15 minutes long.   Refreshments will be served.

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