Budgeting for Business: A Financial Literacy Workshop for Entrepreneurs

Facilitated by Lindsay Jenkins, Manager, Business Services Solutions, and Tyler MacSween, Regional Manager, Business Services, this 60-minute virtual session will walk participants through the key components of effective budgeting and financial planning. You’ll gain a clearer understanding of how to organize your finances, plan for future growth, and make informed business decisions.

The session will guide participants through:

·        Setting clear business goals and measurable targets.

·        Gathering and reviewing historical financial data.

·        Forecasting revenue under different scenarios.

·        Categorizing fixed and variable expenses.

·        Planning cash flow and maintaining reserves.

·        Allocating resources to priorities and growth initiatives.

·        Creating monthly and annual budget worksheets.

·        Monitoring results against the budget and analyzing variances.

·        Adjusting forecasts as conditions change.

Whether you’re starting a new business or looking to strengthen your financial management practices, this session offers practical guidance and straightforward approaches that can help you build a stronger financial foundation for your business.

Online meeting session details will be provided upon registration.