Colab Coworking

Starting up a venture can be filled with big questions we have trouble answering well. This is especially true when it comes to your finances and accounting.

This event will bring local experts who can help you get a clear perspective accounting choices and structures.

We plan to go over some very basic concepts as groundwork that can set a solid foundation. Things like;

• Basic accounting terms (asset, liability, revenue, Cost of goods sold, Operating Expenses, Gross profit, net profit, fixed expense, variable expense) • Basic accounting principles (measurement, matching, recognition, etc.)

• Balance sheet & Income statements (can’t fly without knowing what the instruments are saying)

• Cash-flow planning & budgeting.

• Profitability vs. solvency. The first doesn’t always mean the second.

• Capital requirements (equip, raw material, inventory, etc.)

• Cash-to-cash cycle

We also plan to do some hands-on exercises in Excel. So bring your laptops and get ready to get your fingers dirty in some exciting accounting. Ok, maybe that's a stretch but, it learning your way around these core principles and more and make a night and day difference in your Startup. That! is fun!

So come out an join us! You won't regret a minute of it!

This event is free to Bridge Members. $10 for all others. We will serve light refreshments and snacks.

Before investing your life savings, asking friends and family for investment or leaving an existing job, there are things every entrepreneur should know about the road ahead. At The Bridge we work with new entrepreneurs every day. This 4-hour workshop reflects what we have learned about the risks and rewards of entrepreneurship and offers practical guidance on how to start a high impact business.

At The Bridge we focus on scalable and high impact businesses as opposed to “Main Street” small businesses. There is often, but not always, a strong element of technological innovation in these businesses. This might involve software development, engineering or even food science. Scalable businesses generally have more significant investment requirements and nationally, if not globally directed strategies.

In this entrepreneurial workshop participants will learn about: Financing Options – We will outline known and conventional funding sources for Entrepreneurs as well as discuss bootstrapping a startup without any outside funding

The Stages of a startup and what to expect at each stage IDEA > CONCEPT > COMMIT > VALIDATION > SCALE > ESTABLISHING

Business Model Canvas – This useful framework is a foundational tool for early stage founders to effectively map out all the areas required to make a business successful

This workshop is put on in cooperation with WorkSource and The Bridge. There is a fee of $495 per attendee, but based on eligibility Worksource is offering full scholarships to qualified individuals.

Please contact Doreen Englemann at WorkSource WA for details at [email protected] or 360-735-4960.

Learn, Network, Startup In just 54 hours, you will experience the highs, lows, fun, and pressure that make up life at a startup. As you learn how to create a real company, you'll meet the very best mentors, investors, co-founders, and sponsors who are ready to help you get started. Your community is here to help you — find an event today!