Audience: This workshop is for women-owned food and beverage businesses that are at least 2 years old, secured any sort of debt or investment for their company, and are looking to scale their business.
Content & Take-Aways:
- Understanding debt: good and bad debt, credit scores, and working capital
- Understanding and managing cash flow: cash flow budgets, cash flow statements, planning, and analysis
- Introduction to FCC Women Entrepreneur Program
- 4 key details to know about venture capital funding
Shared Resources:
- (NEW) Business Plan Tools: Free downloadable business plan template | FCC
- Business Financial Ratios Use the calculators to determine your operation’s liquidity, solvency, profitability and coverage.
- Cash Flow Planning: A guide to help provide valuable insights, measure progress and give you a clear financial picture.
- Net Worth Statement Template: A template to help identify the value of all assets minus the total of all liabilities.
Food & Beverage Report: Guides for food & beverage entrepreneurs | FCC
Date: Thursday September 26
Timing: 8am – 9am PDT / 11am – 12pm EDT
Location: Online via Zoom
Cost: Free
About the Instructor:
Camila Diaz is a Senior Relationship Manager for FCC. Originally from Colombia, Camila grew up in the cut-flower and fresh fruit export industry. She studied business and agriculture, and over the past 15 years of her commercial financing career, she has worked with various industries in the Fraser Valley and the Okanagan Valley Her expertise includes primary food production, food processing and beverage manufacturing.
About FCC:
FCC is proud to be 100% invested in Canadian agriculture and food. Their employees are committed to the long-standing success of those who produce and process Canadian food. FCC provides flexible financing and capital solutions, while creating value through data, knowledge, relationships and expertise. FCC offers a complement of financial and non-financial products and services designed to support the complex and evolving needs of the industry. As a commercial Crown corporation, FCC is a stable partner that reinvests profits back into the industry and communities it serves.
For more information, visit fcc.ca.
How FCC Supports Women:
FCC is committed to empowering women in agriculture, agribusiness and food. Through their research and discussions with women in agriculture, they discovered three key needs:
- increased access to capital to start or grow their business,
- access to business and competency skill development for themselves and their business,
- and access to tools, resources, and people to learn from and be inspired.
Through the Women Entrepreneur Program, FCC has dedicated $500 million over the next three years in lending, enhancing events and creating resources specifically for women entrepreneurs to start or grow their businesses.