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Upcoming Events

2018 Annual Event Calendar

Jan - 9-Board of Directors (BOD) Meeting

Feb - 6-BOD M

Mar - 6-BOD

Apr - BOD  / Industry Dinner Meeting

May - 8-BOD

May 25 - Mesothelioma Golf Tournament

June -12-BOD  

July - 10-BOD

Aug - No Meetings

Sept - 5 BOD Meeting

Sept - 7-10-TIAC Conference 

Oct - 23 - BOD Meeting

Nov - 15 - BOD / AGM / Dinner Presentation with Ronald Coleman (Executive Suites Hotel Bby)

Dec - 8 - Christmas Dinner at River Rock Casino Rmd.

Dec - 18 - BOD / BOD Luncheon

 

« New Associate Member | Main | Lunch and Learn in March »
Monday
Mar212016

"Managing Your Accounts Receivable"

More than 25 registrants turned out to hear Ronald Coleman speak about strategies for "Managing Your Accounts Receivable" at an informal Lunch & Learn held at the Best Western Conference Centre on March 16, 2016. Collecting money owed for completed work has long been an issue for small businesses, especially in the construction sector. As someone who has considerable experience advising trade contractors on financial issues, Mr. Coleman did not disappoint. Using Irish humour (after all, it was the day before St. Patrick's Day), coupled with his expertise as an accountant familiar with the challanges faced by small business owners, Mr. Coleman provided BCICA Members with strategies designed to increase cash flow and ensure that a company has fewer bad debts, lower finance charges, better discounts from suppliers, higher profits and lower risk. Employing a simplified checklist, Mr. Coleman was able to bring clarity to the A/R process and illustrate how small business owners can introduce internal procedures to maximize cash flow. Participants had several questions for Ronald pertaining to their respective businesses and he in turn offered to review financial information for individual companies. Ronald also reminded the audience that this presentation was but an introduction to a full workshop on Managing the Collection of A/R, a workshop that he is prepared to deliver to BCICA members individually or as a group. Visit Coleman Management Services Inc. at www.ronaldcoleman.ca. for more information. BCICA has scheduled two additional Lunch & Learns this year, June 15 and September 14, as a mechanism to encourage BCICA Members to meet informally and discuss industry as well as business issues. 

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