Side Hustle Series - Powered by YW Calgary

Side Hustle Series, online sessions provided by YW Calgary

Looking to start a side hustle or grow your existing one? Join us for an exciting 4-part series hosted by YW Calgary where we will dive into all things side hustle. From tips on finding your niche to setting up a shop, this event has got you covered. Connect with like-minded individuals and learn from experts in the field. Don't miss out on this opportunity to take your side hustle to the next level. Register now!

This event will be held every Wednesday from 12pm to 1pm, starting on February 19th and ending on March 12th.

Schedule

February 19 - Part 1 - Idea Exploration

February 26 - Part 2 - Pre-Launch

March 5 - Part 3 - The Money Part

March 12 - Part 4 - Setting Up Shop

Register for one part or all of them!

Idea Exploration

· Begin by conducting an insightful SWOT analysis, empowering you to identify your strengths, weaknesses, opportunities, and threats.

· Delve into the Entrepreneurship Assessment to discern if entrepreneurship aligns with your aspirations.

· Gain expertise in market research as you learn to pinpoint your target market, navigate your industry landscape, and analyze your competitors.

· Craft your unique value proposition, defining the distinct benefits you offer to your clients.

· Access a wealth of free resources that bolster your entrepreneurial journey.

Pre-Launch Steps

· We'll start by exploring various business structures, examining the types, their pros and cons, and helping you determine the best fit for your venture.

· Navigate the complexities of licensing and regulations by understanding the three levels of government you need to consider, common licensing requirements, and how to find relevant information tailored to your needs.

· Delve into the intricacies of taxation, banking, and insurance, covering the two levels of taxation for incorporated businesses, differences between banks, and the importance of securing insurance.

· Take advantage of numerous free resources available to support you in these areas.

The Money Part

· Start with a comprehensive break-even analysis, understanding all the costs needed to launch your business, the hours required to deliver your product or service, and the optimal price point you can expect.

· Dive into cash flow projections and Budgeting 101, learning how to effectively monitor your cash flow and how budgeting is integral to cash flow management.

· Explore the realm of credit and funding by discovering how to check your credit score and its importance, the various types of funding to consider, and how to utilize the Benefits Finder website to identify potential grants.

· Benefit from an array of free resources available to support you in these financial aspects.

Setting Up Shop

· Begin by exploring the Business Model Canvas, understanding what it is, how it supports your business plan, and when a full business plan is necessary.

· Learn the essential steps to take before registering your company and find out where to go for the registration process.

· Gain insights into the crucial legal templates needed for your business, why they are important, and where to obtain them. We will also discuss when it’s essential to bring in a lawyer for professional guidance.

· Take advantage of a variety of free resources available to support you in each of these areas.

Questions? Reach Barbara at bguzman@ywcalgary.ca

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