Budgeting - the most boring and most important topic in the business world
$24.00
You may be able to receive this workshop free of charge. Create an account or login to your dashboard to check your eligibility.
All of us budget our personal money if only on the back of an envelope to see if we have enough money to pay rent and then buy that "toy" we always wanted. Business is no different except that good businesses spend the time to develop good budgeting practices that keep them on track for a year or 2 at a time and lead to predictable profits. Then you can buy that toy!
In this workshop we will look at:
Budgeting tools. Measuring yourself against others in the industry using NAIC data.
Debt: how much is tolerable and how to measure it.
Tools to account for inflation
Creating disaster reserves.
Decisions: when should I buy that new software, when should I hire a new salesperson?
Learning Outcomes:
Participants will have the tools to make better money decisions. Better money decisions will led to more profit. More profit means the business will be more valuable.
Bio: Andrew Gregson, BA, MA, M.Sc.(Econ) has been talking about and educating business owners about pricing for the past 15 years. Gregson is the former owner of 5 service businesses and has worked in finance for the past 20 years. Andrew worked for a number of years with a Chicago consultancy. Andrew has also been part of the senior management team in manufacturing and distribution companies with employees of up to 1400.
Community Futures British Columbia
myCommunityFutures
33163 2nd Ave
Mission BC V2V 6T8 1-604-289-4222 information@communityfutures.ca
Mon to Fri: 8:30am to 4:30pm
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ABOUT COMMUNITY FUTURES BRITISH COLUMBIA
CFBC is the provincial association for the Community Futures Development Corporation. Since 1992 we've been fostering entrepreneurship and economic development in rural BC through our 34 member offices. Learn More.
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We are grateful to live and work with people from across many traditional and unceded territories, covering all regions of British Columbia. We are honoured to live on this land and are committed to economic development and growing small businesses together.
1-604-289-4222
information@communityfutures.ca
