Financial Planning

Financial Planning is an integral part of a business whether first starting out or have been operating for over 50 years. It has an impact on all areas of the business that enables one to assess the business environment, confirm the business vision and objectives, identify the types of resources needed to achieve these objectives, quantify the amount of resource (labor, equipment, materials), calculate the total cost of each type of resource, summarize the costs to create a budget, and identify any risks and issues with the budget set.

This section will provide you with essential resources that will help anyone plan and strategize their company's financial well-being.

VIDEO: Financial Planning with Kerri Golden, MaRS Advisor

Building a successful business is about more than simply running a research project. Ms. Kerri Golden (a chartered accountant and venture capitalist) will talk about building realistic financial plans for running a start-up company - plans that help you not only identify where you will spend money, but where you will make money!



These are pdf documents that provide instructions, examples and activities you can utilize to make your business stronger. Planning documents are also included to write your responses to the workbook activities and implement effective changes to your business.

  1. Developing a Financing Strategy for your Company 
  2. The Business Plan and Executive Summary 
  3. Identifying, Targeting and Engaging Potential Investors
  4. Developing and Delivering a Winning Investor Presentation

VIDEO: Terms of Investments: Working with VCs


We know what you want: money. Now, you probably think that a VC will give you money and leave you alone. Sorry, it's not that simple. In this lecture we look at how VCs make money, what they want in return for their money and how they structure deals.
Shirley Speakman is the Director of Investments for the Centres of Excellence Investment Accelerator Fund (IAF).

VIDEO: How to Get Money From a VC

Every entrepreneur wants to know the secrets for successfully pitching to a VC or an angel. Join guest lecturer Peter Tolnai from Orchard Capital along with other prominent VCs who tell you their secrets for making a successful pitch. The format is a Q&A session in which the panel answers questions posed by Peter Tolnai and the audience, directly and honestly, without the usual, "Come back in a few months when you've made some more revenue traction!"