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Surviving the Downturn: Key Safeguards for Your Business


When: January 30th, 2002 18:30 to 20:30
Location: Willot Kingston Smith
Price: £20.00
Bookmark this article with: Delicious Digg StumbleUpon

An evening seminar exploring how to protect yourself and your company in a hard economic climate.

In this evening seminar, speakers from legal firm Lewis Silkin and chartered accountants Willott Kingston Smith will present a guide to protecting yourself and your company in a hard economic climate.

The event, which is aimed at all businesses planning to review their forward strategy in light of the current economic situation, will cover the following topics:

  1. Introduction
    • An overview of the economic situation
    • Key issues for the media sector/parallels with the last recession
  2. The core asset - your team
    • Investing in your team, Maintaining confidence and 'belief' within your team
    • Motivating your team when the workflow is decreasing;
  3. Clients as assets: make your business benefit, not suffer
    • Project budgeting and pricing
    • The importance of payment schedules
  4. Managing your business
    • The year budget & the budget cycle
    • Debtors & budget overrun - how to deal with them (managing the bank manager)
    • Flashpoints and warnings: key things to spot, and what they tell you (take action)
  5. The worst scenario: cost-cutting - where and how?
    • People, premises, IT
    • How to make people redundant
    • How to break out of contracts
    • Where to renegotiate
  6. Directors' responsibilities
    • Insolvency: how to spot it, what you should do, what you are required to do
    • Employees & creditors
  7. Building yourself back up
    • Reinvesting in areas you've cut back on
    • Regaining market share/diversifying

Location

Willot Kingston Smith


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