Financial Fundamentals (aka Dollars and Sense) Level I starting Thursday, September 19, 2024 (10 weeks)

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Financial Fundamentals Level I (or "Dollars and Sense") is a 10 week Workplace Education program designed to deliver the basic hands on financial knowledge of operating a small business, and one that every business owner will want to have under their belt. Starting with key accounting terminology, you will be led step-by-step through the basics of the financial aspect of your business. In addition to understanding bookkeeping basics, you will be able to read, analyze and make financial decisions based on your company’s financial statements as well as know what needs to be done to comply with government reporting requirements.

Participants will be provided with hands on opportunities to complete reports and forms required by our Government using sample cases to provide different scenarios. To stay viable today a business has to plan, therefore we will prepare budgets and cash flow forecasts.

Topics to be covered include:

• The Basics And Definitions
• Concepts of Bookkeeping
• Home Office and Vehicle Use
• Budgets and Cash Flow Projections
• Basic Business Taxation
• Pricing Strategy
• Financial Statements
• Government Reporting Requirements
• Basic Financial Analysis

Start Date: Thursday, September 19, 2024

Time: 1:00pm - 5:00pm

Classes will occur every Thursday for 10 weeks.  There are additional requirements for the Zoom online programs, as follows: The program must be taken on a computer, laptop, or tablet; phones will not be an accepted device. Participants must have a high speed Internet connection (no dial up), and hardwired is preferred to wi-fi. A headset or earbuds must be used, and the participant must have a webcam, if no camera in their laptop, with the camera left on; video participation is a requirement, to ensure the connection to the instructor and other participants. A quiet place to focus is required, free from distractions. These details will be part of the INA process.

Registration is not confirmation of acceptance in the program; you will be contacted as to your status after an individual needs assessment, and no later than September 13, 2024.

"The Financial Fundamentals/Dollars and Sense course is an absolute must for all business owners.  It helped me understand my financials better, prepare and store all my source documents exactly how the government would like, and also taught me what to look for to support the growth of my business.  The instructor Lynn MacKinnon was incredible and it was a fantastic opportunity to network with other local business owners."  Tina McAulay, Solasta Lighting

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