With Financial Literacy Month in November, non-profit Business Link, in partnership with Nail The Numbers, is launching the Cashflow Canvas – a FREE program designed to address financial management challenges, a key factor in the failure of 71% of small businesses.
As entrepreneurs face increasing pressure in today’s economy, the Cashflow Canvas simplifies financial concepts, offering essential tools for personal and business financial success. The program begins with a free Financial Wake-Up Call webinar on November 20th, which will guide participants through common financial pitfalls and strategies to manage debt, cash flow, and growth.
Taunya Woods Richardson, creator of the Cashflow Canvas, discusses how financial literacy can be the difference between success and failure.
PRESS RELEASE
CALGARY (October 30, 2024) – As financial literacy becomes more crucial for business survival, Business Link and Nail The Numbers Inc. proudly announce the launch of the Cashflow Canvas across Alberta. This innovative program, launching in November for Financial Literacy Month, equips entrepreneurs with the financial skills they need to succeed. With more than 5,000 businesses across Canada and the U.S. already transformed by this system, Alberta entrepreneurs now have access to these powerful tools at no cost.
The Cashflow Canvas tackles a critical problem: 71% of business owners fail due to difficulty in managing budgets. This comprehensive, multi-part program simplifies financial complexities, guiding participants on a clear path to financial health and business success. Entrepreneurs will discover that the power to succeed has always been within them; they just need the right tools to unlock it.
“Financial literacy is the cornerstone of entrepreneurial success,” says Matt Hill, Director, Client Services and Operations, Business Link. “By offering Cash Flow Canvas [cash flow] training, we’re not only providing Alberta business owners with the knowledge to build a strong financial foundation but also giving them the practical tools to make informed decisions that will drive long-term growth.
Entrepreneurs begin by attending a free but mandatory Financial Wake-Up Call Webinar on November 20, followed by an optional 5-day personal budget challenge of 25-minute training sessions starting November 22nd. The program continues with entrepreneurs building their business budget through the required Cashflow Canvas Bootcamp on January 7, 2025, and concludes with biweekly online group sessions running from January 14 to March 25, 2025, designed to provide additional support with certified trainers.
With Canadians facing a $13.4 trillion retirement deficit by 2050, and the average entrepreneur struggling with $35,000 in consumer debt, the Cashflow Canvas is an urgent solution to achieving financial stability. The program offers a clear path to tackle both personal and business finances, ensuring that Alberta entrepreneurs can secure their financial future while growing their businesses.
“The Cashflow Canvas has already transformed the financial futures of thousands of businesses across North America,” says Taunya Woods, creator of the Cashflow Canvas. “Partnering with Business Link now equips Alberta entrepreneurs with the vital financial tools they need to grow with confidence, clarity and control.
Anyone interested must sign up by the November 19th deadline. More information can be found at: businesslink.ca/programs/cash-flow-canvas-program.
About Business Link
Business Link, a non-profit organization established in 1996, is dedicated to nurturing the growth and success of Alberta’s small businesses. As a cornerstone in the entrepreneurial community, Business Link offers comprehensive support services to early-stage and small business entrepreneurs including personalized coaching, market research, educational programs, online resources, networking opportunities, and targeted referrals. Notably, Business Link’s commitment extends to tailored assistance for Indigenous and immigrant entrepreneurs. In recent years, the organization has broadened services to encompass digital support programs, catering to the evolving needs of modern businesses.
About Nail The Numbers Inc.
Nail The Numbers is a Canadian-founded financial training agency dedicated to empowering entrepreneurs with the tools and knowledge they need to build financially successful businesses. Founded by Taunya Woods Richardson, the company is known for its innovative approach to financial stewardship and its commitment to helping founders thrive.
Mario Toneguzzi
Mario Toneguzzi is Managing Editor of Canada’s Podcast. He has more than 40 years of experience as a daily newspaper writer, columnist, and editor. He was named in 2021 as one of the Top 10 Business Journalists in the World by PR News – the only Canadian to make the list. He was also named by RETHINK to its global list of Top Retail Experts 2024.
About Us
Canada’s Podcast is the number one podcast in Canada for entrepreneurs and business owners. Established in 2016, the podcast network has interviewed over 600 Canadian entrepreneurs from coast-to-coast.
With hosts in each province, entrepreneurs have a local and national format to tell their stories, talk about their journey and provide inspiration for anyone starting their entrepreneurial journey and well- established founders.
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