FORECASTING YOUR CASHFLOW

 

 

FORMAT | Presentation or Workshop

OVERVIEW | It’s essential to securing funding, but did you know your cashflow forecast is also at the core of every smart financial decision you will make, and a necessity for your success? In addition to helping you stay on top of your expenses, a well-planned budget will ensure you achieve the desired net-profit, by setting defendable sales targets and effective pricing strategies. So let’s get to it.

 

LEARNING OUTCOMES | During our time together, I will guide you through creating a projected budget for your business (aka: a cashflow forecast). Whether you have historical financial data, or are starting from scratch, we assess the following factors, essential to creating your cashflow:   

  • Breaking out revenue streams

  • Assigning cost of goods sold for each profit centre

  • Setting a profitable price point

  • Determining seasonality and when income is received

  • Calculating and budget for all indirect expenses:

    • People, benefits, training, recruiting

    • Space and operating

    • Sales, marketing and promotions

    • Loan repayment and Interest charges

 

INTENDED AUDIENCE | Ideal for early-stage or growth based businesses interested in learning effective financial management skills or in search of expansion capital.

 

Tools Included | Personal Budget Template [Excel], Cashflow Forecast Template [Excel], Weighted Pricing Strategy Template [Excel], Cost of Goods Analysis Template [Excel], copious amounts of bubble gum, colour markers and Post-Its.

 

DURATION AND RATES |  

Presentation: 3 Hours, $2,900 CAD

Workshop: 6 hours, $5,000 CAD

Rates are effective as of January 1, 2018 and are exclusive of travel and applicable taxes.  A 50% deposit is required at the time of booking and the balance will be due at the conclusion of the Keynote or Workshop.

CLIENTS | Shad International, Futurpreneur Canada, Affinity Credit Union, Canada Business Infosource, Square One, University of Saskatchewan, Community Futures of Saskatchewan, Women Entrepreneurs of Saskatchewan, Women Entrepreneurs of Alberta, Ideas Inc., Saskatchewan Trades Association

ABOUT TAUNYA WOODS RICHARDSON, CMC |

One of a small and distinguished group of specialists emerging in the field of behavioural finance, Taunya is applauded for her innovative and refreshingly pragmatic approach to inspiring money mastery among Canadian entrepreneurs.

 

Combined with three decades of entrepreneurship experience, she possesses the unique ability to embolden and equip entrepreneurs with insight, understanding and actionable change strategies to mould their financial futures with purpose and intention. 

She is the architect of the Cashflow Canvas™ and Money Mastery Matrix™, creator of Nail the Numbers, Champs of Change, and founding partner of Epifany Financial Group; five initiatives dedicated to financial empowerment.  Taunya’s insights on the topics of entrepreneurship and finance have been featured in the National Post, Globe and Mail, Financial Post, Profit and Venture Magazine, as well as CBC Radio, CTV and Global Television.

Through her extensive community involvement with organizations and initiatives such as Global Entrepreneurship Week, Queen’s Entrepreneurs’ Challenge, Schulich’s Rise Case Competition, SHAD International, Futurpreneur, and First Nations University’s Aboriginal Youth Entrepreneurship Challenge, Taunya remains committed to fostering a strong and robust Canadian entrepreneurial ecosystem.

 

 

 

 

 

 

 

 

For more information, or to book me for your upcoming speaking engagement, drop me an email or call me at 1.888.564.5559.

Do you have a question for me? Drop me a line. Or if you prefer, call me at 1.888.564.5559.