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Intensive Business/Financials & Basic Quickbooks

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Intensive Business/Financials & Basic Quickbooks


Small Business, Entrepreneurs and Consultants will gain a better understanding of your Business by learning the basic Business and Financial concepts required to make your business succeed and proper.  This is an intensive learning session that will cover the following areas:   Little or no Quickbooks online experiece is necessary to participate in this workshop.  


Business Concepts:



Business Types and decide which is better suited for your Small Business  (Sole Proprietor, Partnership or Corporation) and how it affects your income tax



The importance of storing financial files



Financial Statements-   What are Financial Statements?  Why are they important?  How do we prepare them from scratch and through the use of Quickbooks?


How to pay yourself through your business



Financial Concepts:



Understand basic Accounting Concepts and Terms



Basic Quickbooks online modules to help you enter financial information. 



Customers and Vendors and entering it in Quickbooks



HST Remittances-  Should you collect HST?  One approach to calculating HST and when to remit




Financial Reports:



Creating the Profit & Loss statements from scratch and by using Quickbooks





Creating Budgets and how it can help your business



Looking at financial trends



Keeping well organized financial records










Map 9680 Ninth Line, Markham, Canada
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