Financial training that is

Simple
Practical
Relevant

and designed for Saskatchewan entrepreneurs and beyond.

Get Started Today

Financial Management for Businesses

Engaging Learning Style

Learn from experts in finance, and then apply your new knowledge to your own business.

Designed for Entrepreneurs

Learn to understand and manage your business's financials in a way that is simple and practical.

Develop YOUR Winning Strategy

Discover what tools, strategies, and programs will work for your business.

FORMAT

Online

DURATION

12 Weeks

TIME

1 class-2 hrs/ Week

  • Illustration

    Program Overview

    Understanding your finances is a critical skill when managing your business. This certificate program provides a deep dive into managing your business financials. Participants will learn about managing cashflow, valuating companies, reading financial statements, using key metrics to make decisions, and securing financing from banks and investors.

Illustration

Bookkeeping Essentials

Key Learning Objectives:

    Understand why good bookkeeping practices is essential to your business
    Understand what is involved with the basic bookkeeping process and what you should expect from your bookkeeper & accountant
    Understand the chart of accounts and how to customize it to collect the data that is important to you and your business
    Become familiar with user friendly bookkeeping software that will help your business stay organized
    Understand Key Terms and acronyms.
    Become familiar with user friendly bookkeeping software that will help your business stay organized
    Understand your accounting cycle & tax cycle.
    Cash vs accrual accounting
Illustration

Financial Statements & Reports

Learn how your business is performing by having a clear understanding of your financial statements. Learn how to manage and forecast your cash flow to ensure you always have enough money and resources available to successfully run your company.
Key Learning Objectives:

    Become familiar with your balance sheet, income statement, profit & loss statements, & other financial statements that hold key insights into the financial health of your business
    Understand business profitability & Operations ratios and benchmarks
    Determine your business's lead & lag KPI’s (Key Performance Indicators)
Illustration

Cash Flow Management 

Key Learning Objectives:

    Understand why cash flow management is important for your business
    Identify factors that impact your cash flow and develop strategies to improve and manage your cash flow
    Managing Accounts Payable & Accounts receivables
    Create a cashflow forecast from your financial statements
Illustration

Business Structure & Taxes  

Key Learning Objectives

    Understanding the financial implications of setting up a corporation vs having a sole proprietor or partnership business
    Understand GST, PST, Income tax implications and Payroll Deductions
    Implications of how you choose to pay yourself
Illustration

Financial Planning

Key Learning Objectives:

    Budgeting
    Evaluating & Planning for growth & capital projects
    Managing Passive Assets
    Managing Working Capital
    Break even Analysis



Illustration

Understanding Financing

Key Learning Objectives:

    Identify your assets & Liabilities
    Understand key differences between short & long term financing
    Understand The 4 Types of Capital
    Understand the time value of money
Illustration

 Sources of Financing

Learn how to find and choose the right financing solution for your business, by understanding and evaluating the risks involved, understanding the time value of money, and understanding your business ratios.
Key Learning Objectives:

    Using equity to secure financing
    Understanding Sub-Debt
    Sources of loans
    Financing solutions for established businesses vs startups
    Financing risks

Illustration

 Securing Financing

Key Learning Objectives

    How a bank looks at your business: The 3 C’s of credit
    Understand Leverage & Liquidity ratios
    Understand how to successfully apply for financing
    Developing & Reviewing Business plan
    Presenting your business case to the bank
    Presenting your business case to venture capitalists




Illustration

Risk Management

Key Learning Objectives

    Keyman’s Insurance
    Buyout Insurance
    Liability, General, & E&O Insurance
    Buy/Sell Agreement
    Partnership Agreements
Illustration

 Business Valuations 

Key Learning Objectives

    Rules of thumb for valuating your business
    Valuating businesses for acquisition opportunities
    Buying & selling businesses

Illustration

One on One Prep Sessions

Key Learning Objectives

    One on one business training to help develop your business case to present
Illustration

 Capstone Presentation for Feedback


    Participants will present their business case to their peers and a panel of bankers & investors to collect feedback.

Illustration

Marketing Fundamentals

This course introduces participants to basic concepts and language around marketing as it relates to entrepreneurs and their need to drive business revenue.

    Digital, traditional, & integrated marketing
    Understanding your customer & their journey
    Introduction to marketing strategy
    Defining & managing your brand
Illustration

Bookkeeping Essentials

Key Learning Objectives:

    Understand why good bookkeeping practices is essential to your business
    Understand what is involved with the basic bookkeeping process and what you should expect from your bookkeeper & accountant
    Understand the chart of accounts and how to customize it to collect the data that is important to you and your business
    Become familiar with user friendly bookkeeping software that will help your business stay organized
    Understand Key Terms and acronyms.
    Become familiar with user friendly bookkeeping software that will help your business stay organized

    Understand your accounting cycle & tax cycle.

    Cash vs accrual accounting
Illustration

Financial Statements & Reports

Learn how your business is performing by having a clear understanding of your financial statements. Learn how to manage and forecast your cash flow to ensure you always have enough money and resources available to successfully run your company.
Key Learning Objectives:

    Become familiar with your balance sheet, income statement, profit & loss statements, & other financial statements that hold key insights into the financial health of your business
    Understand business profitability & Operations ratios and benchmarks
    Determine your business's lead & lag KPI’s (Key Performance Indicators)

Cash Flow Management 

Key Learning Objectives:

    Understand why cash flow management is important for your business
    Identify factors that impact your cash flow and develop strategies to improve and manage your cash flow
    Managing Accounts Payable & Accounts receivables
    Create a cashflow forecast from your financial statements

Funding Opportunities are Available!

Did you know that there are a variety of government grants available to help eligible employers with financial support to train employees? 
Our goal is to help businesses and non-profit organizations find funding to support training new or existing employees to fill gaps in your business. You can visit our Funding & Grants page to see more and we have Customer Experience Specialists available to help you through the application process.