Business Learning Sessions

Contact the TBDS office to sign up for these FREE essential business skills learning sessions:


Business Finance 1: Understanding Financial Statements: February 21 @ 10:00 am1:00 pm

Financial statements can often seem like another language, but understanding them is necessary to the success of your business.Learning Objectives:

  • Decipher balance sheets.
  • Interpret income statements.
  • Understand how to make your earnings work for your business.
  • Identify the difference between market and book value, amortization and capital cost allowance, as well as the distinction between income and cash flow.


Business Finance 2: Financial Analysis: February 21 @ 2:00 pm5:00 pm

Once you understand your financial statements, you can use them to better understand your business. Financial analysis not only reveals the financial health of your business – but also helps you understand the effectiveness of business strategies, and root causes of business problems. Using a ‘case study’ approach, this seminar is great for existing businesses and for business start-ups planning to use industry standards for their financial plan.Learning Objectives:

  • Introduction to you to ratio analysis, a powerful tool which will help you identify the financial pros and cons of your business operations.
  • Understand of how to calculate ratios, interpret them against history and benchmarks, and apply these new concepts to your business.

Both session presented by Bill Erichson of Pacific Training Innovations.

My First Year in Business: A Financial Overview : March 6 @ 10:00 am1:00 pm 

Establishing your financial records and bookkeeping system should be one of the first orders of business when starting your company. You will need to establish a separate business bank account, put together a filing system, and decide how to invoice your clients.Book this seminar today to understand how to establish the right business strategy for your company.

Learning Objectives:

  • Learn the different financial statements your company will need.
  • Gain an understanding of the components and difference between the balance sheet, the income statement and cash flow statement.
  • Understand what a cash flow statement is and how daily business transactions affect your financial statements.
  • Review CRA’s requirements for record keeping.

Presented By: Dianne Mueller of SOMA Business Solutions

Taxsense for Your Business: March 10 @ 10:00 am1:00 pm

So you’re thinking of starting, or have already started, a small business but you’re unclear on how to structure your business or what to do to keep the bank and the tax man happy. Attend this seminar and find out the different types of structures and the tax benefits of each.Learning Objectives:

  • Discuss the differences a sole proprietor, partnership and corporation can provide to you.
  • Understand what defines taxable income, allowable deductions, subcontractors versus employees, payroll traps and tax requirements.
  • Learn about tax issues that apply to you and how your financial statements and information are viewed by others.

Presented By: Gabrielle Loren of Loren, Nancke & Company, CPA, CGA.

Pricing and Costing Your Product:  March 13 @ 10:00 am1:00 pm

Setting prices is both an art and a science. The science is determining your costs … and the art is understanding the underlying role price makes on customer buying behavior. This seminar has both a marketing and a financial focus as we get to the heart of how pricing plays an important part in your overall business success. This session will make you question your assumptions about pricing, costing and how they fit into your business strategies. Whether you are experienced in business or you just want to get started on the right foot, pricing and costing is time and money well spent!

Learning Objectives:

  • Understand the 4 C’s of pricing: Costs, Constraints, Customers & Competition.
  • Learn about fixed Costs, variable costs and total absorption costing.
  • Know when to use pricing as a comparative.
  • Discuss pricing for sales vs. pricing for profits.

Presented By: Bill Erichson of Pacific Training Innovations.

Trademarks, Copyrights, Patents and More:  March 24 @ 10:00 am1:00 pm

Do you know if the work you create belongs to you? Or how to prevent others from copying your ideas? Attend this seminar and hear from an intellectual property lawyer on the various forms of intellectual property protection and how they can safeguard your business.

Learning Objectives:

  • Overview of Types of Intellectual Property – when to consider patent, trademark, copyright, or design protection
  • Overview of Trademark Protection – what are trademarks and how to protect them, and how to avoid disputes over trademarks
  • Overview of Copyright Protection – what is copyright and how to avoid common pitfalls

Presented By: A representative of, Oyen Wiggs Green & Mutala LLP