Your numbers, your story
Learn what you and other women entrepreneurs need to run a successful business.
Time frame: 60 min
Audience: women entrepreneurs
LEARNING OBJECTIVES FOR PARTICIPANTS:
- understand what is critical to success and the impact
- review and understand financial statements
- calculate and understand the key financial ratios for your business
- the meaning of the calculations
- interpret the results to better manage your business
- review and change your cash management practices so less cash is required to operate the business
Outline:
- what it means to be a woman entrepreneur
- what is critical to success and the impact
- financial statements
- What does my P&L tell me?
- Why do I need a balance sheet?
- Where is my cash coming and going?
- financial ratios
- How profitable is my business?
- What’s the trend in my profits?
- Can we pay the bills? Can we pay the bank?
- maximizing your business
- Do we have enough cash to pay expenses?
- How much cash do we need for expansion?
- How do I measure and monitor operational efficiency?
- tools and resources
- Q&A
LEARNING MATERIALS:
- Activities
- Self reflection
- Financial statements
- Minding your own business – My financial statements
- Financial Analysis
- Minding your own business – Working capital
- Compare & Contrast
- Working capital & efficiency
- Strategies to improve your working capital
QUESTIONS?
For questions, please email us.
Proudly sponsored by Canada Life, our National Development Sponsor.
WANT A SESSION IN YOUR AREA?
We will provide a CPA volunteer to lead the session with a prepared presentation, activities, handouts and worksheets. Note: If more than one session is needed, please fill out a second form and submit.
Request guidelines:
- 12 weeks’ notice needed to setup a session.
- Requests must be submitted by the request deadline.
- If more than five sessions are needed, please contact us directly.
For more information, visit setting up a financial literacy session.