Friday, January 16, 2009

How to Survive the Recession

Learn the steps to survive and thrive during tough economic times. “How to Survive the Recession” will take place on Tuesday, February 3 from 4 p.m. – 7 p.m. at the Chamber of Commerce.

The Fort Wayne Chapter of SCORE has over 2,000 years of real-world business experience. Presenters from a variety of backgrounds and experience including CEO, management, international, real estate, strategic planning and e-commerce will share from their areas of expertise.

Workshop topics:
Recognition of a recession
Small business impact and warning signs
Reduce costs
Review personnel and downsize
Review core business analysis - cut out all non value added functions
Manage receivables
Restructure debt
Extend payment terms
Get employees involved and empowered
Maintain/Increase revenue
Benchmark competitors
Benchmark products and review product offering
Review needs with customers
Last Resort - bankruptcy

Register online at fwchamber.org by February 2 or RSVP to Heather Neilson at (260) 424-1435, ext. 241 or hneilson@fwchamber.org. The cost to attend is $20.

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