LearnSphere

September 10, from 9 a.m. to 4 p.m.
Location: TBD Fredericton, NB

Hosted by the Joint Economic Development Initiative

9 a.m. to Noon:  Bookkeeping: Where to Start? 

Keeping accurate financial records is essential for any successful business; however, many small business owners are often too busy running the day-to-day operations they tend not to devote the necessary attention to bookkeeping. Some fail to record financial transactions properly and in a timely manner. Some ignore it completely until tax time.

This workshop will help you identify your bookkeeping needs and resources. In this hands-on introductory workshop you will learn:

• the need or purpose of bookkeeping 
• bookkeeping and accounting terms 
• recognition and use of bookkeeping records and reports 
• learning/understanding the process of entering transactions 
• learning/understanding the posting of information to the reports

1 p.m. to 4 p.m. : HST and Income Tax for Indigenous Businesses

The tax world is a complex world where your questions often go unanswered. Are there any benefits to incorporating your small business? Should you register for HST? There is no easy answer. It is different for everyone. 

This workshop will help you to find the answers to the questions that concern you and your business, while focusing on indigenous businesses, on and off reserve.

In a hands-on interactive workshop you will learn to

• Analyze your current situation and determine your needs.
• Understand income tax deductions and credits available to you business.
• Understand the ins and outs of HST.
• Understand the income tax consequences related to various forms of earnings.