Are you feeling overwhelmed with the idea of trying figure out where the cash is going to come from to keep your start up going? Have your friends and family “cut you off”? Do you wonder if your next payment is going to clear the bank?
Understanding the different forms of financing and the impact on your start up business, is a key component to starting a business and positioning the business for future growth. Ensuring that you have the appropriate funds to keep your business running smooth, is an area most new business owners struggle to manage.
In this workshop, you will be provided with an outline of the basic forms of financing available and how to position yourself to successfully navigate the range of financing options. In addition, we will discuss the various financial reporting requirements typically associated with these financing options.
Kevin Vroom is a partner in BDO’s Ottawa office and a lead contact with Technology and Life Science clients in the National Capital Region. With more than 20 years’ experience, Kevin manages audit and assurance clients working closely with business owners and management teams to develop and implement customized solutions that are tailored to fit the needs of each organization. He has expertise working with organizations with revenues ranging from $2M to $20M.
Marc-André is a Senior Manager within BDO’s Ottawa office. He specializes in the areas of business valuations, financial modelling and forecasting, damage quantification arising from commercial litigation disputes, commercial insurance claims and fraud investigations. He also draws from his vast experience in the field of accounting and assurance.