Course Titlepresented bypresented by

Today’s Discussion:

•Talk about the expense cuts we’re NOT going to talk about

•Talk about the tougher, more personal expense cuts that nobody wants to talk about

Only 4 Things you can do…

1. Cut Expenses3. Invest

money

4. Borrow money

2. Increase revenues

The Common Cuts…

•Staff salaries•Rent•Advertising•Supplies•Travel

Don’t forget Inventory…

Reduction?

Management

(GMROI)

Just make sure…

…you don’t cut into the

muscle of your

organization!!

So…Where do I start?

The 5 untouchables…

1. Meals, travel and entertainment

2. Personal auto

3. Business Perks

4. Outside investments

5. The Stuff at Home

Travel, Meals & Entertainment1.

Pimp Your Ride Skimp2.

Company Perks3.

Outside Investments 4.

Personal Finances

Your Your LifestyLifesty

lele

Your Your IncomIncom

ee

5.

Just turn it OFF…

…and keep this in mind

When the media keeps pumping out the bad

news, your competition is probably going to follow the laws of human nature by

hunkering down with the same old business model and wait for the good times to return.

Create OpportunitiesGiven that short-

sighted, fear-driven behavior, now is a

perfect time for you to make gains on them by trimming

the fat and creating opportunities.

Here are three takeaways from “Tough Times Require Tough Decisions” presented by Alan Friedman and Daniel Jobe. Bring these ideas to back to your business and see what results you generate!

Takeaway 1: Make the obvious business cuts to save money and increase cash flow

Takeaway 2: Make the tougher, more personal cuts to save your business and make it healthy again

Takeaway 3: Seize this opportunities to plan for the future success of your business

Top Three Top Three TakeawaysTakeaways

Any

Questions?

““Free” Consulting Free” Consulting MeetingsMeetings

Contact Jen Contact Jen outside the Idea Center outside the Idea Center entranceentrance

after this session to set up a meeting after this session to set up a meeting timetime

Have fun Have fun andand

keep keep rockin’!!rockin’!!

CatchCatch PRINTZ Sat night at The Hilton PRINTZ Sat night at The Hilton LobbyLobby