WESK, in partnership with SaskInteractive is proud to present Nail the Numbers Bootcamp with Taunya Woods Richardson, CMC. The Nail the Numbers Bootcamp is a one day seminar that includes The Cash Flow Canvas: Budgeting Made Fun & Planning for Profit. This workshop is a great opportunity for startups and for business owners who are keen on grasping the financial outcomes of a percentage point and is eager to shift their business mindset from the bottom-up for increased profit margins.
The workshop will start at 9:30 am-4:00pm. Lunch is included in registration.
For an optimum learning experience, participants are encouraged to bring their most recent financial statements, a calculator, their laptop, and a willingness to apply their new skills, both individually and in group settings. For those who do not have personal business statements samples will be provided.
The Cashflow Canvas
Trying to figure out where to start when creating a cashflow forecast for a new idea can be an overwhelming experience for a startup. Modeled after the immensely popular Business Model Canvas by Strategyzer, Taunya Woods Richardson has designed a fun and creative way for startups to work on revenue projections, price-points and expenses, all before they even touch an Excel spreadsheet.
Learning Objectives | Disrupting traditional forecasting methods, the Cashflow Canvas provides a unique and creative methodology to building a business budget. During their time together, Taunya guides startups through a big-picture strategy session where they consider all the possibilities pertaining to both money making and spending it when it comes to their business including:
- Revenue Streams
- Cost of Goods Sold
- Seasonality and Revenue Collection
- Team Expenses (Yes, including Owner’s Salary!)
- Space and Operating Expenses
- Sales and Marketing Expenses
- Loan Repayment
- Miscellaneous Expenses including Loan Repayment
Planning for Profit
Overview | Many business owners willingly accept modest net profits – the majority operating with a bottom line of less than two percent. Planning for Profit shows you how to become a best-in-sector performer, working towards a 10 to 20 percent net profit margin. Through a shockingly simple process, this Bootcamp will have you asking yourself, why wasn’t I doing this earlier?
Learning Objectives | Using a “bottom-up” process, Taunya creates a shift in your business strategy, and provides you with the insight and skills to motivate you towards achieving your new financial goals.
During this three-hour Bootcamp, you will learn how to:
- Establish and calculate your net profit margin goal.
- Use a bottom-up approach to achieve the desired net profit margin.
- Develop a pricing formula to ensure the required gross profit margin.
Tickets & Pricing
Regular Pricing: $149 + GST (and applicable fees)
WESK Member Early Bird Pricing: $79 + GST and applicable fees
(available from December 3rd at 12:00am to December 21st at 11:59pm)
WESK Member Regular Pricing: $99 + GST and applicable fees
(after December 21st)
*Contact us (firstname.lastname@example.org) for your WESK member promo codes!*