Show Me the Money! Understanding the basics of Business Finance is a crucial skill for any business owner. Financial information can determine the feasibility of a company, from Startup Costs to Pricing Your Product to Cash Flow Forecasting to Reading Financial Statements, business finance is definitely one of the hats an entrepreneur has to wear and be comfortable in.

During this workshop, you will:

• Analyze the initial costs involved in launching a business

• Look at ways to price and cost your products

• Develop a Cash Flow forecast

• Get an overview of standard financial statements

By attending this seminar, you will increase your business knowledge well beyond your product. You will gain insights and understanding into the basic financial elements every business needs to consider in order to grow.

Presenter’s Bio

Sima is an innovation consultant and entrepreneur. She is the founder of riince, a new kitchen tool that allows users to measure, rinse and dispense grains, seeds and lentils. Sima was the entrepreneur-in- residence at the Toronto Public Library and prior to that she was the senior manager of MaRS’ Entrepreneurship Programs, Canada’s largest non-academic provider of entrepreneurship education. As part of the Business Acceleration team, Sima facilitated and managed relationships with Regional Innovation Centres and Campus Linked Accelerators to make MaRS educational content and experiential workshops accessible. Sima has a varied background in private sector startups, spanning several industries including manufacturing, education and construction.

You can connect with Sima at www.InnovatorLab.ca or on LinkedIn at www.linkedin.com/in/gandhisima/