WEDNESDAY NOVEMBER
20 6:00PM-9:00PM
TECCONNECT - LETHBRIDGE, AB - 3582 30 ST N TICKETS FROM $30.00
What Should I Know About Financial Planning?

When it comes down to it, your business idea is going to need money to operate and ways of tracking revenues. Without the supporting financial elements and understanding, you will have a hard time projecting, tracking, and making the money resources that will be needed. By looking at general accounting and financial projection principles, managing cash flow and forecasting, and financial control, you can create a much better position for your idea to survive its inception. All these things are to be considered pre-commercialization so that you have a solid reference to guide you through making the appropriate decisions to progress it further.

In this course, we’ll also spend some time looking at how these elements build into a fortified Business Model Canvas. This will enable you to set realistic goals and ultimately help you towards achieving them! In the end, it is important to stay grounded about the numbers and expectations – so we’ll also share best practices to help you avoid the Don’ts and work at building your success.

Session activities and materials:
• Assess Your Financial Needs
• Understand Cash Flow, General Accounting, and Financial Projections
• Conduct Market Research for Costing and Market Potential
• Build a Cash Flow Projection
• Develop Sales Forecasting
• Homework – assigned for class review in Week 4

“A good financial plan is a road map that shows us exactly how the choices we make today will affect our future.” --- Alexa Von Tobel

Date: November 20, 2019
Session Times: Wednesday Evening, 6:00 pm – 9:00 pm (dinner included)
Session Cost: $30

*Dinners will include vegetarian options and you will be asked to indicate this on registration. If you require specific preparation/ingredient exclusions, we encourage you to bring your own dinner.

If experiencing financial hardships, contact Eyren Uggenti at eyren@chooselethbridge.ca for subsidy information.

Buy tickets to Entrepreneurship 102 - Session 3: Understanding Projections, Cash Flow, and Market Potential

E102 - Session 3: Understanding Projections, Cash Flow, and Market Potential - Registration $30.00