YoVDO

How to Protect Business Profits in a Financial Downturn

Offered By: LinkedIn Learning

Tags

Financial Management Courses Risk Management Courses Business Strategy Courses Asset Management Courses

Course Description

Overview

Make your small business recession proof. Get practical strategies for cutting costs, analyzing your finances, negotiating with vendors, and more.

Syllabus

Introduction
  • The small business challenge
1. Strategic Overview
  • Recession for small businesses
  • Advantages and disadvantages of a recession for small businesses
  • The one fundamental truth
2. Cutting Costs without Cutting Labor
  • Analyzing your spending
  • Cutting costs
  • Prioritizing your spending
  • Renegotiating with vendors
  • Exiting contracts
  • Asset recovery and disposition
3. Making Tough Labor Decisions
  • Prioritizing labor decisions
  • Making the toughest decision
4. Planning Ahead
  • Limiting the downside
  • Preparing for the upside
  • Going forward

Taught by

Jason Schenker

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