Description:

For many people working in or starting their own social enterprises, dealing with finances is a major obstacle. This second workshop in our "Finance is Sexy" series - Budgeting for Your Social Enterprise - begins with the basics, answering the question, "How do I create a budget that aligns with my social mission?"  

In this workshop, you will be introduced to the budgeting process for social enterprises.  You will also learn how to implement this process in developing your budget for your own social enterprise, whether it be a for-profit social business, a non-profit organization with an earned income strategy, or a charity. 

The workshop will be facilitated by Eric Plato, CMA, the Director of Finance at Frontier College.  Eric has worked in the not-for-profit sector for over 17 years. Prior to Frontier College Eric was the Controller at the YMCA of Greater Toronto. He also served as the Treasurer of the Ontario Council for International Cooperation for six years. He has delivered numerous workshops on budgeting and financial management to not-for-profit organizations. Eric’s workshops are focused on making financial management understandable for the non-financial person.

This workshop will:

• examine budgeting within the context of financial management of organizations
• present different types of budgets (i.e. income and expenditure budget, capital budget, cashflow forecast)
• explore various budgeting methods and approaches (i.e. incremental budgeting, zero-based budgeting, top down or bottom up)
• discuss budgeting best practices 
• outline what goes into budgets and the steps required to create a budget for your organization

Who this course is for:

- People between the ages of 17-30 who are responsible for finances in your organization or business as well as those who do not have a background in finances and want to learn practical tips and strategies around creating and maintaining budgets

Experience Level:

- Beginner / basic  familiarity with creating budgets

Cost:

$25

or

$60 -  for all 3 workshops left in the "Finance is Sexy" Series: 1) Budgeting for Your Social Enterprise
2) Presenting your Finances to Stakeholders 3) Managing and Tracking Your Finances