Financial Bootcamp: Know Your Numbers

Small Business & Entrepreneurship Centre, in partnership with Hawkins & Co. Accounting, invites you to a comprehensive financial workshop designed specifically for entrepreneurs!

Starting and running a small business involves navigating numerous steps and considerations, and sometimes, important factors can be overlooked—especially until challenges arise. One of the key concerns for any entrepreneur is understanding how to price services or products to ensure profitability and sustainability. A strong grasp of your business’s financials is crucial to its success.

In this workshop, you’ll explore a variety of essential topics and gain practical tools to enhance your financial knowledge. Here’s what you can expect to learn:

• Key accounting concepts you need to know
• How to project your cash flow needs and generation
• Calculating your break-even volume for business
• Strategies for pricing to cover all business costs
• Best practices for using debt wisely
• Understanding your legal and tax relationships to choose the best business structure
• Important tax filings and payments to keep on your radar
• Effective record-keeping practices that work for small businesses
• The role of professional support (accountants, lawyers, etc.) and how to leverage it effectively

Whether you’re in the planning phase, have recently launched your business, or are a seasoned entrepreneur, this workshop is designed for you! Join us to deepen your understanding of the financial aspects of your business and take your skills to the next level.

Lunch and refreshments will be provided.