Time frame: 60 min Audience: women entrepreneurs LEARNING OBJECTIVES FOR PARTICIPANTS: understand what is critical to success and the impact review and understand financial statements calculate and understand the key financial ratios for your business the meaning of the calculations interpret the results to better manage your business review and change your cash management practices so less cash is required to operate the business Outline: what it means to be a woman entrepreneur what is critical to success and the impact financial statements What does my P&L tell me? Why do I need a balance sheet? Where is my cash coming and going? financial ratios How profitable is my business? What’s the trend in my profits? Can we pay the bills? Can we pay the bank? maximizing your business Do we have enough cash to pay expenses? How much cash do we need for expansion? How do I measure and monitor operational efficiency? tools and resources Q&A LEARNING MATERIALS: Activities Self reflection Financial statements Minding your own business – My financial statements Financial Analysis Minding your own business – Working capital Compare & Contrast Working capital & efficiency Strategies to improve your working capital QUESTIONS? For questions, please email us. Proudly sponsored by Canada Life, our National Development Sponsor. WANT A SESSION IN YOUR AREA? We will provide a CPA volunteer to lead the session with a prepared presentation, activities, handouts and worksheets. Note: If more than one session is needed, please fill out a second form and submit. Request guidelines: 12 weeks’ notice needed to setup a session. Requests must be submitted by the request deadline. If more than five sessions are needed, please contact us directly. For more information, visit setting up a financial literacy session.