As businesses start out, you need to understand the importance of creating a Board of Directors, as well as tips to effectively form this important governance role over your business.

Learnings of this session explore:
    
the role of a Board of Directors,
the Board's duties and responsibilities,
liabilities and protection for directors,
assessing Board performance, and
best practices in the ara of Board effectiveness.
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Reading and understanding financial information is one of the most important tasks of a business owner.  However, for most business owners, the accounting and financial aspect of the business is not their background and learning financial fluency is a necessity in today’s marketplace.

        Part 1 of the series will help participants:

        
Read and understand basic financial statement concepts,
Understand the inter-relationship between financial statement items,
Find practical ways to use financial information to identify the areas of the business that are flourishing and the areas that require improvement, and
Understand cash requirements and what budgeting is required.

        Meet your facilitator
        Annette Bester is a partner in MNP’s Saskatoon office. Partnering and working with companies in all stages of their business cycle for over 17 years, Annette helps to support and strengthen their leadership. Over her career, Annette has worked with a number of businesses with a focus to helping clients understand not just their historical financial information but what the information is telling them from a forward-looking perspective
        
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A good succession plan not only deals with the transfer of ownership but also the transfer of leadership. Without a clean transition of leadership, relationships and people the chances of failing are much higher. This webinar is designed to cover the essential components of succession planning and provide participants with possible exit strategies for transferring their business. 

Using real experience and examples, in this session, you will learn:

Where to begin and the succession planning process;
The benefits to succession planning;
Traps to avoid when establishing a succession plan; and
Blind spots to be aware of during the succession planning process.

Meet your facilitators
Shane King is the National Leader for MNP’s Succession Services practice and a member of the Assurance team. Shane has more than 20 years of experience providing practical assurance, tax and succession solutions to clients in various industries, including manufacturing, construction, fishing, storage and incorporated professional services.

Lynne is a Succession Specialist and leader of MNP’s ExitSMART service.  For more than 15 years, she has worked with business owners to help them make and implement the “best” transition choices for their personal, business and family situations. In this capacity she has worked with privately held companies of all sizes, implementing transitions to family an/or  Management and Employee buy-outs.

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Businesses must ensure that their planning process is well outlined and covers all essential components. This webinar is designed to cover the essential components of an effective business plan and will assist participants in addressing questions or concerns they have regarding the scope and depth of the proposed plan and provide a guide to build this comprehensive plan.

In this session you will learn:

The essential components of a well-written business plan,
A clear and simple method of developing an operational guide for business, and
A comprehensive business plan outline that is simple and easy to follow.
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Access to financing is crucial for a business owner. It is important to develop relationships with financial partners that understand your business and can support your growth and strategies. How you finance your business from development and start-up, through the full business life cycle, can position you for success long-term. This webinar is designed to provide you with an understanding of the financing options available and how they may impact your business as you make decisions. 

In this session, we will:

Review the financing process;
Identify the need for both debt and equity financing as well as potential strategies for sourcing corporate requirements; 
Provide strategies for raising second stage financing, including alternative debt and equity instruments and potential sources for expansion capital; and, 
Discuss banking issues related to business operations, loans applications, collateral and financing proposals.
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As a small business owner, your business and personal lives are intertwined.  As such, it is important to understand how taxation works and where there are opportunities to effectively structure your business to allow for risk management and minimization of taxes.

This session will:

Provide participants with an overview of taxation (both personal and corporate),
Outline basic reporting requirements (the basis for taxation and initial tax planning issues),
Address year-end determination including dividends versus bonus which form the basis for shareholder/owner remuneration, and
Outline expense deductibility and basic tax planning strategies.
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Business owners need to support team members in achieving their goals and successfully completing their work. Supervisors will discover how to be more effective in their role through reinforcing with praise, redirecting with constructive criticism and developing with the GROW model. The skills learned in this session can be applied to all aspects of the performance management and staff development processes. The focus of this workshop is on the performance conversations – not the process, tools or forms.

Upon completion of this webinar participants will: 

Understand the facilitation of continuous improvement and career development through ongoing performance coaching conversations with team members, understand the principles of effective coaching and communication in performance discussions with team members,
Understand the principles of confidently providing ongoing feedback to team members and handling emotion in discussion, and
Understand the process for performance coaching and formal and informal performance discussions.

Meet your Facilitator

Cathy McLellan is a Senior Advisor with MNP's national learning and development team for over 12 years.  Cathy has her Masters in leadership development, over 23 years working with teams and individuals helping them enhance and realize their potential.  She is a certified coach, trainer, and facilitator. She works extensively with individuals and teams in leadership development and building high performing teams. Cathy lives in Nanaimo on beautiful Vancouver Island for the past 26 years.

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