Financial training that is
Simple
and designed for Canadian businesses.
Talk to one of our Business Advisors
You probably have lots of questions right now, and that's normal! There is a lot to consider. Our business advisors are trained to help you find the right learning program, grant, and financing options for your business. Book a free 15 minute discovery call using the link below to find out if one of our programs is the right fit for you!
Business Financial Management Foundations
Engaging Learning Style
Learn from experts in finance, and then apply your new knowledge to your own business.
Designed for Entrepreneurs
Learn to understand and manage your business's financials in a way that is simple and practical.
Develop YOUR Winning Strategy
Discover what tools, strategies, and programs will work for your business.
FORMAT
Online
DURATION
9 months
TIME
48 Total Hours
Program Overview
Understanding your finances is a critical skill when managing your business. 29% of Canadian business failures are due to a cash shortfall, 18% are due to pricing and cost issues, and 17% are due to a lack of a viable business model.
This certificate program provides a broad look at managing your business financials starting with basic bookkeeping, managing cashflow, & understanding their financial statements, progressing to budgeting, forecasting cash flows, tax implications of business structures, business valuations, and evaluating & securing various forms offunding.
Throughout this program, participants will gradually build a strong financial plan for their own business through regular individual activities.
Program Modules
PROGRAM INTRODUCTION
Familiarize yourself with online platform,
course layout, & materials.
BOOKKEEPING BASICS
Understand the bookkeeping cycle & the importance of good bookkeeping practices.
ADVANCED BOOKKEEPING
Learn how to implement bookkeeping software and customize a chart of accounts in yourbusiness
RECORD KEEPING
Learn practical tips to reduce time spent oninvoicing, receipt management, and electronicdocument management.
PAYROLL & INVENTORY
Learn best practices in tracking inventory and
familiarize yourself with software, details and
best practices for payroll.
BALANCE SHEETS 101
Learn what goes into the numbers, COGS, and
operational ratios relating to your income
statement.
INCOME STATEMENTS 101
Learn what goes into the numbers, COGS, and
operational ratios relating to your income
statement.
CASH FLOW STATEMENTS 101
Learn how to manage your cash flow, AP, &
AR effectively by understanding your cash
flow statement.
BUDGETING
Learn how to create a budget and set financialgoals within your accounting software andmonitor your expenses in real time.
PROFITABILITY & KPI 'S
Dive into profit structuring including pricing,
breakeven models and key performance
indicators.
BUSINESS TAXES
Learn about GST, PST, Income Tax, PayrollRemittances, Deductable expenses & theaccounting cycle.
BUSINESS STRUCTURE
Look the pro's & cons of corporations, sole proprietors, and partnership structures & howbusiness owners choose to pay themselves.
PROGRAM INTRODUCTION
Familiarize yourself with the online platform, course layout, & materials.
STRATEGIC PLANNING
Learn how to create a functional business plan
including setting SMART goals & Key
Performance Indicators
MODELING
Learn how to create your own price model,
profit model and breakeven model considering
multiple potential scenarios.
FINANCIAL FORECASTING
Learn how to create your own cash flow
forecast and manage your assets & capital
based on the time value of money.
RISK MANAGEMENT
Learn how to mitigate the top financial risks in
business from a team of experts in each area.
NEGOTIATIONS
Learn winning strategies in business
negotiations.
BANK FINANCING
Learn what types of financing are right for
your business and how to successfully apply
for bank financing.
ALTERNATIVE FINANCING
Learn about financing options available outside
of your bank including sub-debt, venture
capitalists, angel investors & more.
FINANCING PANEL
Ask questions and learn directly from banks,
venture capitalists, and others what they look
for in businesses they fund.
PLANNING FOR GROWTH
Learn how to plan for long term growth in a
variety of ways including acquiring a business,
hiring staff, or capital projects.
BUSINESS VALUATION
Learn some general guidelines for determining
how much a business is worth.
SUCCESSION PLANNING
Learn how to begin planning your exit strategy
whether you plan on selling or dissolving your
business.
Funding Opportunities are Available!
Did you know that there are a variety of government grants available to help eligible employers with financial support to train employees?
Our goal is to help businesses and non-profit organizations find funding to support training new or existing employees to fill gaps in your business. You can visit our Funding & Grants page to see more and we have Customer Experience Specialists available to help you through the application process.