Financial Finesse Series
Part 3: Nothing personal
Separating business, home, and personal identity can be difficult for women entrepreneurs because you have so much of yourself wrapped up in what you do for a living. Running a business tends to be all-consuming and it can be hard to tell where you stop and your business begins. And, not just in terms of your emotional investment. Your personal and company finances can also get mixed together if you’re not extra careful. Our goal in this article is to have you understand some of the reasons you should separate your business and personal finances and give you a few tips to help you get organized.

Success tips for women entrepreneurs
Success Tip #10 - the last in our series
Looking out for number one
Running a business can be a stressful journey to independence. As your business thrives, the juggling act between home and office gets tougher. It can rob you of your energy and your joy. If you don’t want to burn out, it’s in your best interests to place yourself first.

Click here to see last month's tip...
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Win a $235 ticket to the Beyond Pink Conference!
Friday, March 28 to Saturday, March 29th at the Sheraton Wall Centre, Vancouver
Women's Enterprise Centre is proud to support the Young Women in Business network at their kick-off conference; Beyond Pink. We will give a ticket away to one lucky young (18-26) woman who is in business or is thinking about owning a business. Click here to enter
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Congratulations to Laura Hanson
Laura Hansen, President and Co-founder of Image Group
Originally founding the Image Group in 1992 with her husband, Colin Hansen and another couple, Laura has led the company on her own since 1996, overseeing its growth to revenue of more than $10 million in 2007, and 19 full-time employees. Her business acumen has also been recognized by the national business publication Canadian Business, where she was ranked 57th on the list of Canada’s Top 100 Women Entrepreneurs for 2007.
To help grow her business, Laura knows the value of networking. She sits on the boards of the Women President’s Organization and the Vancouver Executives Association. Believing that business and community are interdependent, Laura also gives back to the community through her work with the Minerva Foundation and the Endeavour Society.
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March business tip
How do you navigate a business?
The same way you plan a journey. Consider what you need to begin your trip, where you're starting from, where you want to go and how you will get there. You've already begun by examining and testing your business idea and your assumptions about your market, your customers and your own expectations.
A purposeful strategy will save you time and money. You'll also have an advantage over other businesses that haven't taken the time to even look at strategy. What can you design for your business? If you are starting on a limited budget, spending time on this step may also help you reduce expenses.
Think of things like:
- niches for your business
- better ways to serve your customers
- smarter business formats
Creating a strategy encourages you to examine positive and negative factors that might affect the path you choose. It helps to identify some of the obstacles you may face during your journey.
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Learn from experienced women business owners!
Do you ever feel like you’re the only woman in business facing challenges? You aren’t. Our mentoring program helps you to connect with and learn from other women who have already traveled down the road of business ownership.
Send us your questions, concerns, and challenges on the topics of marketing, balancing your personal life with business, and building a vision. Then join us by phone from anywhere in the province to get solutions and new ideas from a panel of experienced mentors.
To get the detailed information on Mentor Advisory Forums and to participate in this exciting, new, free service, click here.
Upcoming Mentor Advisory Forums
Wednesday, March 19th – 9:00am to 10:15am – Work/Life Balance
Tuesday, March 25th – 9:00am to 10:15am – Building a Vision
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Feature entrepreneur of the month
Shehla Ebrahim, Afterglow Skin & Laser Centre
When Shehla Ebrahim immigrated to Canada from Pakistan in 1986 she faced many hurdles on the path to achieving her dreams.
However, the ups and downs she experienced did not keep her from having a vision for her future and faith that anything was possible...

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Women business owners dominated the Small Business BC Business Plan Contest!
Women's Enterprise Centre was proud to sponsor and participate in judging for the Small Business BC Business Plan Contest. Four of the six winners were women entrepreneurs and in the category of business growth.
Meet the winners...

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The FWE Gala last month was a huge success!
Drawing 450 people to listen to Julie Aigner-Clark; founder of The Baby Einstein Company.
Also featured at the FWE Gala Dinner were other role models in the media and entertainment industry, who shared their stories and what they do to give back to the community.

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Angel Forum
Thirty plus pre-screened technology, service and manufacturing companies seeking equity funding up to $1.5 million, present to 70+ pre-screened private equity investors (nearly 100 registered for last Forum).
This unique event has been held semi-annually since 1997 and includes companies exhibiting their products & services during networking breaks and at the closing wine reception. It is the largest and oldest Angel group in Canada with 100+ investors and it's sponsors include leading companies and industry associations in BC.

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From Women's Enterprise Centre
Focused Marketing: Targeted Effort, Tangible Results – Castlegar, BC
Thursday, March 13th, 3:00pm.
Sandman Hotel – 1944 Columbia Ave.
Click here for more information and to register
Mentor Advisory Forum - Session 2 on Work/Life Balance
Wednesday, March 19th at 9:00am.
Phone-in, toll-free, from anywhere in BC
Click here for more information and to sign-up
Focused Marketing Workshop: Targeted Effort, Tangible Results
Campbell River Chamber of Commerce,
900 Alder Street,
Campbell River, BC. Tuesday, March 25 from 8:45am - 4:45pm.
Click here for more information.
Mentor Advisory Forum - Session 3 on Building A Vision
Tuesday, March 25th at 9:00am.
Phone-in, toll-free, from anywhere in BC
Click here for more information and to sign-up
6 Keys to Common Sense Marketing Workshop, Northern Women's Symposium. Tumbler Ridge Community Centre, Tumbler Ridge, BC. Wednesday, April 2nd from 12:30 - 3pm.
Click here for more information.
Ready, Set, Grow Workshop - Northern Women's Symposium. Tumbler Ridge Community Centre, Tumbler Ridge, BC. Wednesday, April 2nd, 12:30 - 3pm.
Click here for more information.
Focused Marketing Workshop - 6-week series
BDC Offices,
990 Fort Street,
Victoria BC. Starts Wednesday, April 2nd and runs every Wednesday; April 2, 9,16,23,30,May 7 2008 from 12noon - 1:30pm. Click here for more information.
Focused Marketing workshop in Cranbrook, Thursday, May 15 from 8:30am-5pm. St. Eugene Resort, 7777 Mission Rd., Cranbrook, BC. Click here for more information.
Keep checking our Events Calendar for more information on these, and other, upcoming workshops.
Small Business BC and eBC Seminars
Small Business BC Seminars - Vancouver
All Year - at Waterfront Station, 82-601 West Cordova, click here
Business BC Lunchbox Seminars - Vancouver
All Year - Tuesdays at Waterfront Station, 82-601 West Cordova, click here
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Around the Province
4th Annual Provincial Aboriginal Women in Leadership Forum –3010 Sleil-Waututh Road,
North Vancouver, BC.
Friday, March 14th.
Click here for more information.
Vancouver Island Women’s Business Network Speaker Series – Victoria, BC.
Creating Strategic Alliances,
Tuesday, March 18th, 5:30 pm
Ambrosia Catering & Events Centre – 638 Fisgard Street. Click here for more information.
NEDC 9th Annual Young Entrepreneurs Conference
North Island College Campus,
Port Alberni, BC. Starts Friday March 28th. For more information, please call 250 724-3131 or email jennifer@nedc.info
Young Women in Business- Beyond Pink Conference
Sheraton Wall Centre,
Vancouver, BC. Friday March 28th and Saturday the 29th. Click here for more information
Dare to Thrive! - Women in Business Conference
Executive Plaza Hotel,
405 North Rd.,
Coquitlam, BC. Click here for more information.
E-Proof Your Business training session
Okanagan College,
Kelowna, BC, March 29th from 7:30am to 4:45pm. For more information or to register, call 250 762-5445 Ext. 4746 or click here.
2008 Northern Women's Symposium - "Developing Strategies for a Changing World". At the Community Centre/Twilight Lodge,
Tumbler Ridge, BC. Click here for more information.
11th Annual Women of Excellence Awards. Newlands Golf and Country Club Langley, BC, Wednesday April 9th. Tickets are $50 and are available by calling the Langley Times at 604-533-4157. Click here for more information.
Chetwynd Chamber of Commerce Trade Show
Chetwynd Recreation Centre. Friday 5:00 to 9:00pm,
Saturday 9:00 to 6:00pm
Sunday 10:00 to 4:00pm. For more information, call 250 788-3345 or email manager@chetwyndchamber.ca
Women in Business Conference, Golden BC
Friday, April 18 – Saturday, April 19. Mount 7 Rec Plex (the arena), Golden, BC
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Around Canada
2008 Diversity Procurement Fair
PARTNERING for PROFIT, April 2nd & 3rd. Metro Toronto Convention Centre, Toronto, Ontario. Click here for more details
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