Corporate Finance: Profitability in a Financial Downturn

Offered By: LinkedIn Learning

Tags

Corporate Finance Courses

Course Description

Overview

Learn how to protect business profitability during a recession or financial downturn.

Syllabus

Introduction

The biggest challenges in a downturn
Corporate finance priorities

1. Measure Twice, Cut Spend Once

Two ways to boost profitability
Getting your numbers together
Cleaning your numbers
Prioritizing spend areas
Benchmarking your costs
Setting off-limit topics

2. Making Cuts

Prioritizing your vendors
Negotiating with vendors
Reverse auctions
Exiting contracts
Reducing physical overhead

3. Asset Recovery and Divestiture

Asset recovery
Asset identification
Asset redeployment
Asset divestiture

4. Labor Cost Cutting

Labor force considerations
Reducing overtime
Layoffs: The last move
Two pieces of advice

Taught by

Jason Schenker

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