All Sessions are Free of charge and are delivered by Video Conference at the PACE Office.
66 Keith Avenue, Unit #2. Dryden
Please call to register 221-3293Introduction to Income Statements – February 3, 2:00 – 4:00 p.m.
This is a basic level introduction to accounting and bookkeeping. Will assume no prior knowledge of accounting. Will introduce concepts of profit and loss, and cash flow. Will give the participants understanding of the major elements of the income statement and their importance in running a business:
• Revenue
• Fixed and variable expenses
• Cash versus accrual
• Depreciation
The Basics of Exporting – February 8, 10:00 a.m. – 12:00 p.m.
Are you thinking of exporting but don't know where to begin or what's involved in an export venture? This seminar will discuss the benefits and challenges of exporting, export opportunities; being export-ready, financing, etc.
CRA – Year End T4 Preparation Seminar February 9, 9:00 a.m. – 12:00 p.m.
This seminar provides general information to help you fulfill your payroll deducting and remitting requirements. Topics covered:
· Are you an employee or self-employed?
· Determining and calculating deductions for Canada Pension Plan contributions, Employment Insurance premiums, and income tax
· Available resource material
· Structure of the Canada Revenue Agency
· Maintaining proper payroll records
· Remitting payroll deductions
· Penalties for non-compliance
Working Capital Management – February 11, 1:00 p.m. to 4:00 p.m.
This session is designed to assist the existing entrepreneur with managing their cash and help answer the age old question of: Why, if the business is "making money", is there still no money in the bank? Three key areas of working capital management are examined: Accounts Receivable, Accounts Payable and Inventory Management. This session will cover:
• What is an A/R and should I be offering my clients credit terms?
• Do I need a collection policy and how to develop one?
• How to secure A/P terms and timely payment of those A/P
• Inventory purchasing; is it hurting or helping my business?
• Inventory purchase strategies and considerations
CRA - Small Business Tax Information Workshop – February 16, 10:00 – 1:00 p.m.
This seminar is for people who have just started or are about to start an unincorporated small business. Topics include how to keep books and records, types of income to report and expenses to claim, filing requirements and rights and obligations.
Business Opportunities and Ideas - Choosing the Right One! – February 18, 10:00 a.m. to 12:00 p.m.
So you want to start a business. Have you already decided what kind of business? Did you make an informed choice? If no solid idea yet, how do you look for a business opportunity or idea? If you think you have an idea, how do you evaluate it? Attend this session that will help you explore business opportunities and ideas, learn about factors and trends that could impact your choice, and how to pick the right business.
Microsoft Office Word 2003 - Tips for Small Business – February 22 10:00a.m. – 12:00 p.m.This course will provide participants with Word advanced tools for professional and consistent document creation. Topics include: styles, table of contents, document map, bullets and numbering, headers and footers, page numbering. Prerequisite: Good working knowledge of Word 2003.
Microsoft Office Excel 2003 - Tips for Small Business – February 22 1:00 p.m. – 3:00 p.m.
This seminar will provide participants with a comprehensive look at formulas and functions in spreadsheets. Topics include: basic formulas, absolute referencing, and several functions (examples: AVERAGE, SUMIF, COUNTIF, IF, VLOOKUP, TODAY, NOW, CONCATENATE, ABSOLUTE, ROUND). Prerequisite: Good working knowledge of Excel 2003.
Understanding Financial Statements – February 23, 10:00 a.m. – 1:00 p.m.
This session is designed to help the new entrepreneur understand basic financial statements and how to go about starting the projection process. This session will cover the basic definitions and development of a set of projected financial statements including:
• Income Statement
• Balance Sheet
• Cash flow Statement
• Examination of the differences between net income and Cash flow and potential business and financing implications
Selling your Product or Service to the Government of Canada – February 24 3:00 p.m. – 4:00 p.m.
How do you sell your products or services to the federal government?
Learn the government's buying procedures and find out more about the online bidding process and Contracts Canada.
Business Plan Re-Boot - March 2nd- 10:00am-12:00pm
Description
Your business plan is an important first step to starting your business. But it isn't easy. You might have started it but now you are stuck and don't know where to go for help. With a smaller number of participants, this session will target your specific questions and issues and try to Re-Boot the business plan process and get you back on track.
This session will cover:
• Q&A
• Market Research
• Marketing
• Operations
• Financial assumptions
• Handout material customized to each business owner's area of difficulty (at registration, participants will have to identify the areas that they are having difficulty with)
Using Financial Statements as Time Management – March 2nd 12:30pm-4:30pm
Description
This seminar introduces basic financial management tools that the business owner can use to manage their business. Trend Analysis, Ratio Analysis, Break Even Analysis, Financial Forecasting (Budgeting), and Cash Flow Forecasting are all explained with numerous examples given.
Developing Proposals – March 8th 10:00am-12:00pm
Description
Proposals are the gateway to multiple forms of contractual business. This document introduces you to a prospective client and them to what you have to offer. We will cover basic form, content, and design. In addition we will discuss the intangibles of landing contracts and how to compete with larger companies that have more manpower than you to bid on contacts.
Pricing Through the Supply Chain March 10th 11am-1:00pm
Description
This session is designed for new or existing entrepreneurs who may have products that are moving through several intermediaries before reaching the end user of the product. This session will cover:
• Determining the "cost" of your product: fixed vs. Variable
• Pricing your product
• Margin versus Mark-up - what's the difference?
• Break even
Branding Basics - March 10th 2:00pm-4:00pm
Description
One of the most widely used terms in the field of marketing today is “branding”. Branding strategies are used very successfully by large organizations world-wide, and have become increasingly important in today’s global markets where competition is tighter than ever. Find out why branding is such apowerful tool and how you can leverage this tool to help form a solid marketing strategy for your small business.
Opportunities and Pitfalls of High Risk Capital- March 11th 10:00am-12:00pm
Description
Basic level introduction to raising money for your business from traditional sources as well as from angels and venture capitalists. Will discuss the gamut of types of funding (friends & family, banks, angels, VCs, Public), but will focus mainly on the requirements for raising angel & VC money.
The goal of the course is to understand:
• What angel investors and venture capitalists are looking for
• What is most likely source of funds at different stages of a company’s life
• What are the pros and cons of different types of financing
Positive Employee Relations March 17th- 12:00pm-4:00pm
Description
This seminar is a practical, working session to establish and maintain positive employee relations.
Learning Plan:
- Employee relations overview (Issues & Opportunities)
- Problem prevention
- Opportunities for influence
- Problem prevention/problem solving process
- Action planning
Developing a Policies and Procedures Manual – March 31st 9:00am-1:00pm
Description
This seminar presents a detailed description on how everything is done in the business. A franchise has a better chance of succeeding than a business started from scratch and the reason is that with a franchise you get a book that tells you how to run the business. So if a new business wants to increase its chances of succeeding it should create a manual that covers all aspect of the business as if it were a franchise.
Procedures for:
• Operations
• Finance
• Customer service
• Human resources
• and others
would be included.
CRA- Small Business Tax Information Workshop- March 31st 1:30pm-4:30pm
Description
This seminar is for people who have just started or are about to start an unincorporated small business. Topics include how to keep books and records, types of income to report and expenses to claim, filing requirements and rights and obligations.
