OCC CraftSmarts Workshop: The Fundamentals of Money
Date: Saturday, February 18, 2012
Location: 401 Richmond Street, Suite 408 Toronto ON
Time: 1:00pm - 5:00 pm
OCC Members: $38 + HST
Non-Members: $45+ HST
CLICK HERE TO REGISTER
It's that time of year again. The tax deadline is fast approaching. If you're like most of us, you're trying to ignore that shoebox full of receipts in the corner, but you can procrastinate no longer.
This workshop will answer the most common questions people have when they start their own business. It will also go over the tax implications of working for yourself and things you can do to be better prepared for tax time.
The primary message of this workshop is: money is not rocket science. Money is adding and subtracting; money is not math––it's Grade Two Arithmetic. Most craftspeople are required to be able to create proposals, budgets, cash-flow projections in order to get the backing to create their work. They need to feel that they are competent to understand what these documents reveal and why they are important.
In this workshop you will learn:
How to set up and handle the financial side of your business, from keeping your books to calculating HST remittances to organizing your business for income tax; finding your financial strengths; how to avoid the wake of debt; what non-financial assets are and how important they are to a craft practice; how to choose the proper business structure; how to evaluate a supplementary job; how budgeting and cash flow work.
Presentor Amanda Mills is a freelance accountant and financial advisor whose clientele includes many non-profits and local artists. Founder of Loose Change, Amanda has 30 years experience as a management consultant for small business and the arts. She is also is a Certified Financial Counsellor, a tax professional, and financial trouble-shooter.
For additional information contact Christine Lawrance,
Programs Coordinator at clawrance@craft.on.ca
Categories: Events, Funding, Info Sessions, Workshops
