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Understanding Financial Numbers and Staying on Top of your Business

York Small Business Enterprise Centre

Thursday, 4 May 2017 from 10:00 AM to 12:00 PM (EDT)

Understanding Financial Numbers and Staying on Top of y...

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Type Remaining End Quantity
General Admission 7 Registrations 4 May 2017 Free  

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Event Details

Understanding Financial Numbers and Staying on Top of your Business:  Don’t be scared of the number, they are your friend

Program Room

Presented by David Duong CPA,CMA,CIM®,B.Comm, this session is an introductory session explaining the calculation and interpretation of financial ratios. This session will also go over the basic tools and techniques of financial management for a business owner, including budget creation and monitoring, cash management, product/division/customer analysis, planning/forecasting, and trend analysis.

 Outline:

  • How profitable is my business?
  • How do my profits compare to the industry?
  • What’s the trend in my profits?
  • How quickly are we growing?
  • Can we pay the bills?
  • Can we pay the bank?
  • Am I getting a return on my investment?
  • What’s financial management?
  • What tools can help operate my business?
  • How do I determine if a product is profitable?
  • What’s my most profitable product?
  • Who are my most profitable customers?
  • Why do I need a budget?
  • How do I create and use a budget?
  • What reports do I need?
  • How do I tell where my business is heading?
Have questions about Understanding Financial Numbers and Staying on Top of your Business? Contact York Small Business Enterprise Centre

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When & Where


King City Library
1970 King Road
King City, ON L7B 1A6
Canada

Thursday, 4 May 2017 from 10:00 AM to 12:00 PM (EDT)


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Organizer

York Small Business Enterprise Centre

The York Small Business Enterprise Centre, (YSBEC) serves small businesses in the northern six York Region municipalities: Aurora, East Gwillimbury, Georgina, King, Newmarket and Whitchurch-Stouffville.

The YSBEC is managed by the Regional Municipality of York’s Economic Strategy Branch and is a partnership with the Ontario Ministry of Research and Innovation (MRI). Each of the Region’s Small Business Enterprise Centres focus on providing support to both new start-ups and existing small businesses in their communities.

If you are starting a new business, or are an existing small business with less than ten employees, call us! We can help.

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Understanding Financial Numbers and Staying on Top of your Business
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