Twelve Strategies for Maximizing Profits – Best Practices for Private Companies
Philip Varley will be presenting the strategies from his book, Failure Is Not An Option.
Program Highlights:
By reviewing eight actual client success stories, discover the actions taken and results obtained to increase profitability and enhance valuation.
Identify the relevant financial information for prioritizing decision making.
Understand why cost control is the key means of increasing profitability, and how you can accomplish more, with less, by focusing on planning.
Use margin analysis to identify fraud.
Demonstrate how a cash flow forecast can become the one critical document by which to manage the entire company.
Understand Management by Objectives, and why getting everyone “on the bus” with you is critical to success.
How to develop a detailed plan of action with milestones to achieve and results expected.
Learn how to select, manage, and compensate third-party administrators for payroll, benefits, and risk management.
Determine how the myriad tax laws are applied to your business and use them to your advantage.
Leave with an internal audit questionnaire which will enable you to discover where changes can be made in your own company.
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