- Describe the steps taken in a spend analysis.
- Define the attributes of clean data.
- Differentiate addressable spend from unaddressable spend.
- Explain the power position of customers and vendors in a negotiation.
- Identify ways a company can reduce its overhead.
- Recognize difficulties in reducing labor costs.
Skill Level Intermediate
- People get caught up in all kinds of business metrics, like revenue, growth, and number of employees. But there's one business metric that matters more than others when thinking about success, and that's profitability. My name's Jason Schenker and I've been a management consultant and economist for over 15 years. In this course, I'm going to share with you the best tips and tricks to help your business boost profitability in good times and bad ones. Not all these strategies will be easy, but they'll help your business survive and thrive in a down turn and beyond because you never go broke making a profit.
Corporate Finance: Robust Financial Modelingwith Joshua Rischin44m 4s Intermediate
Economics for Everyone: Understanding a Recessionwith Jason Schenker36m 31s Intermediate
Finance Strategies for Business Leaderswith Jason Schenker54m 40s Intermediate
Corporate finance priorities1m 35s
1. Measure Twice, Cut Spend Once
2. Making Cuts
3. Asset Recovery and Divestiture
4. Labor Cost Cutting
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