Free

MSBC Group Consult: Budgeting and Financial Forecasting for Stability

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Managing your business finances to create projections in line with your business plan

About this Event

Please download the template documents in advance of the session, feel free to bring your laptop to work along with the presentation (note: there are three versions of the same Financial Template and Business Plan Template for services, products, or restaurant, choose the one most relevant to your business):

https://www.markham.ca/wps/portal/home/business/msbc/business-plan-templates/

Join us for this two hour session where you will learn about:

  • Creating your cash flow budget and revenue projections
  • Understanding your financial forecasts
  • Budgeting for your start-up costs (or up-front growth costs)
  • Estimating your month-to-month revenue and operating expenses
  • Ensuring proper documentation of notes to your financials
  • Detailed walk-through and guidance on a template cash flow projections Excel spreadsheet
  • Understanding how your written business plan ties in to your budget and projected revenue
  • Record keeping and bookkeeping principles

For the last hour, please feel free to bring your own financial projections, as this will be a facilitated working time to get some hands-on help with our consultant.

This session runs typically runs once a month and is limited to a small group. Small groups allow you to ask your own questions directly to our business consultant.

We look forward to seeing you!

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