Lunch and Learn: How to grow your business without blowing it up!

 

Tom Lewis

HiVE is excited to welcome Tom Lewis on June 23rd as he delivers an intimate Lunch and Learn to Vancouver’s social impact community.

Seating is limited; to RSVP, please email events@hivevancouver.com.

PRESENTATION DESCRIPTION
This is an invitation for entrepreneurs who are poised for a growth phase in their family run business, thinking of acquiring property, expanding existing premises or looking at exciting new sales opportunity. You might not be sure of just how much money you’ll need to fund the cost of growth or how to explain it to your banker. If you were thinking of using funds from your operating company you could be putting your company at risk by eating up valuable working capital. This could result in a cash flow crisis that the company may never recover from. To remove the risk you need a strategic plan, which will take into account all your management assumptions and put them to work and run multiple scenarios to test their viability. You’ll be able to acquire these skills and our financial gap tool by attend the following event.

LEARNING POINTS:

  • Understand Why Growth Costs Money
  • Forecast What You’ll Need to Grow
  • Why as my sales go up does my cash go down?
  • Learn How Better Management Will Help
  • Answer the Question “How Much Money Do I Need To Borrow” & “When You Will Pay it Back”

SPEAKER’S BIO
Tom Lewis is the founder of Summit Fiscal Management Inc., a Coquitlam based company that provides financial management training to Entrepreneurs in the Lower Mainland. During Tom’s 34 year banking career he developed his recognition of, and appreciation for, the challenges faced by business owners and their families. As a business account manager for the past 23 years, he is adept at assessing the strengths and weakness of a broad range of industries and recommending appropriate action to his clients. Tom was introduced to Profit Mastery eight years ago through his work in business banking and has used those tools to help his clients gain a stronger understanding of their numbers and better manage their businesses. Tom also provides business consulting services and works closely with his clients to provide guidance and resources for successful business financial planning and management.

For questions about this event, the content, or Tom’s work please email him at tomlewis@profitmastery.ca.