Make your small business recession proof. Get practical strategies for cutting costs, analyzing your finances, negotiating with vendors, and more.
How to Protect Business Profits in a Financial Downturn
Overview
Syllabus
Introduction
- The small business challenge
- Recession for small businesses
- Advantages and disadvantages of a recession for small businesses
- The one fundamental truth
- Analyzing your spending
- Cutting costs
- Prioritizing your spending
- Renegotiating with vendors
- Exiting contracts
- Asset recovery and disposition
- Prioritizing labor decisions
- Making the toughest decision
- Limiting the downside
- Preparing for the upside
- Going forward
Taught by
Jason Schenker
