Financial Planning for Your Small Business
Bookkeeping and Business Records Explained
Starting a business can be a lot like starting a family. Nurture it, put in the time and it can be one of the most rewarding things a person can do. Your first year in business represents the perfect time to nail down your financials and grow strong. Start with our Financial Planning for Small Business seminar.
Establishing your financial records and bookkeeping system early on is a good habit that will continue to help you grow during the life of your business. Join Rinette Lagace, NET Bookkeeping as she helps you understand how to establish the right business strategy for your company.
You’ll learn about setting up a separate business bank account, putting together a filing system, and the most efficient ways to invoice your clients.
What Will I Learn?
The different types of financial statements your company will need
What a balance sheet is
The difference between an income and cash flow statement
How your daily business transactions affect your financial statements
Review CRA’s requirements for record keeping
Different types of bookkeeping systems
Small Business BC is hosting a month of free business education featuring ASL interpretation and closed captioning. Delivered in partnership with the BC Ministry of Social Development and Poverty Reduction, Accessibility Month covers a variety of popular business topics, from business planning to marketing and payroll.
Small Business BC’s webinars are delivered online via Zoom. All webinar participants will receive access to a recording for seven days after the live session. For instructions on how to optimize your Zoom setup, click here.