Techniques for Recession Survival
Designed for Business Owners, CFOs, Controllers, CPAs, Internal Auditors, Management Accountants One Day Program -- 8 CPE Credits
Description Learn how to plan and budget for recession survival. If you don’t have a plan and want to learn the techniques for effective cash management and cost reduction, this one-day workshop is for you. Get the practical guidance you need to finance businesses to survive in turbulent economic times. The program covers getting a loan and alternative sources of financing. Take a deeper look at underlying concepts, tools and resources for containing costs in all areas of a business. You will receive tips for reducing and containing costs in all areas of the business. The program addresses handling crisis situations and how to respond accordingly. Learn tips and techniques for selling and marketing in a recession and more. This program offers a complete review of the elements of value based management that will allow a business to survive and increase its value over the long haul. We teach you effective techniques for analyzing and measuring profitability. Objectives - Learn how to plan for surviving the recession.
- Understand effective ways to analyze and measure profitability.
- Learn the techniques for securing financing for business survival.
- Grasp the techniques of achieving maximum cash conversion efficiency
- Learn how to manage a business in crisis
- Understand and learn how to apply cost reduction ideas that will lower the breakeven point.
- Learn tips and techniques for selling and marketing in a competitive environment.
- Understand the elements and principles of Value Based Management.
| Agenda - Planning for survival
- Analyzing and measuring Profitability
- Financing the business for survival
- Cash Conversion Efficiency
- Crisis Management
- Cost Reduction Tips - Part I
- Cost Reduction Tips - Part II
- Marketing and Selling in Tough Times
- The Principles of Value Based Management
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