Without knowing financial basics like budgeting and reading a balance sheet, the entrepreneur may have difficulty growing their business or even keeping it afloat.
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consistently made crucial contributions to Kitchener’s
economic and socio-economic development.
entrepreneurial culture and by leveraging key start up
business, with the best programs, facilities and
developing a product or service so much so that they
don’t spend enough time beefing up their financial
reading a balance sheet, the entrepreneur may have
difficulty growing their business or even keeping it
part-time entrepreneurs who are working full-time and
balancing their business on the side.
and productive both in life and with their finances.
for Every Entrepreneur
2. Money is the number one cause of stress for employees
3. 40% of people say that money stress is affecting their work
4. 42% of Canadians lack basic financial literacy
5. Employers who implement some form of financial education in the
workplace, see a return on their investment
New employers should look to develop a company culture
that understands the value of money, plans and manages it
well, and cultivates a workplace mentality that wants to see
that money/company continue to grow.
Any time or money invested in financial education
is returned with increased productivity, less stress
in the workplace, and employees with an overall
enhanced sense of well-being.
This education builds financial knowledge, which then
reduces stress levels benefitting quality of work, it’s a
win-win for everyone
If you’re starting up a business, make sure you brush up
on your financial literacy skills so you can keep your
business finances in order and running smoothly.
Having a financially literate workplace means a healthy
bottom line, one with which you can make confident
financial decisions that will benefit both you and your
Starting a business, looking for financial advice, contact
Telephone: (226) 336-8933