This financial literacy session will focus on understanding the key ratios that create a healthy balance sheet for your small business. It will also detail what actions you can take to fix an unhealthy balance sheet. These aspects of balance sheets can have an impact on your relationships with your banking institutions and investors, so it is important to know how to set these up properly and what to do if problems arise.
What you will learn:
· What does a healthy balance sheet look like?
· What does having a healthy balance sheet mean for my business?
· How does my bank evaluate my balance sheet?
· What aspects of a balance sheet are important to investors?
· How can I fix an unhealthy balance sheet?
Join us to learn the best practices to keeping your small business’ balance sheets healthy.
All speakers are registered Chartered Professional Accountants (CPA) volunteering as part of CPA Canada's Financial Literacy program. All CPA members are professional financial experts who have a solid reputation and position of trust with Canadians. Their top priorities are protecting and acting in the public's interest. They are active in their communities and have a long history of giving back.
CPA Canada is working to address the growing social problem of financial literacy in Canada. Their mission is to deliver unbiased objective financial literacy education and information to improve the overall state of financial literacy in Canada. The information they provide is free, unbiased, functional, and clear, delivered at the grassroots level through their national CPA member network.
For more information about CPA Canada's Financial Literacy program, please visit their website: https://www.cpacanada.ca/en/public-interest/financial-literacy
