Episode Details
Back to EpisodesFinancing for Entrepreneurs (with special guest, Candace Hrycan)
Description
Cash flow projections. Key Performance Indicators. Working Capital. Business Plans. Credit Scores.
If you are a business owner, you need to know and understand what these phrases mean for you and your business. But, let’s face it - most of us do not enjoy pouring over spreadsheets and looking at numbers. Do not fear - my friend Candace Hrycan is here to break it down for you! Candace has over a decade of experience in the commercial banking world - in this episode we discuss: (1) What new business owners need to know about business planning, teamwork, and financing; (2) What business owners in the growth phase of their business need to keep in mind in order to maximize their profits and cash flow (27:03); and (3) Credit Scores - how to check your own credit history and how to improve upon a “bad” credit history (45:30).
RESOURCES DISCUSSED ON THE EPISODE
- Nutrition Facts Podcast: https://nutritionfacts.org/audio/
- Respectful Parenting Podcast: https://podcasts.apple.com/us/podcast/respectful-parenting-janet-lansbury-unruffled/id1030050704
- BDC Resource Hub (including Business Plan Template): https://canadabusinesshub.com/resources/
- Square One (Saskatchewan Small Business Support): https://squareonesask.ca/
- Women Entrepreneurs of Saskatchewan: https://wesk.ca/
- SREDA SK BizGrid (Info on Grants!): https://squareonesask.ca/sk-biz-grid
- TransUnion Credit Score: https://www.transunion.ca/1
- Equifax Canada: https://www.consumer.equifax.ca/canada/equifax/b_en.html?CID=2_equifax%20canada_M_e&adID=81363922711560&DS3_KIDS=p50851842544&campaignid=71700000061556606&sakwid=43700050851842544&gclid=8032efdf6d401b26347d8fb3df98b652&gclsrc=3p.ds&msclkid=8032efdf6d401b26347d8fb3df98b652&utm_source=bing&utm_medium=cpc&utm_campaign=CA_EN_B_PRSP_BR_Paid_Core_EXM&utm_term=equifax%20canada&utm_content=Core_Brand
- BDC Knowledge Performance Indicators (Further information): https://www.bdc.ca/en/articles-tools/blog/achieve-continuous-improvement-with-performance-dash
MORE FROM CANDACE
MORE FROM AMANDA
- The Tax Chick Blog - https://taxchickca.wordpress.com;
- Connect with me by email: thetaxchickpodcast@gmail.com
- LinkedIn: www.linkedin.com/in/amandasadoucette
- Instagram: @tax.chick