Class Central is learner-supported. When you buy through links on our site, we may earn an affiliate commission.

LinkedIn Learning

How to Protect Business Profits in a Financial Downturn

via LinkedIn Learning

Go to class Write review
Coursera Ad

Gain a Splash of New Skills - Coursera+ Annual Nearly 45% Off

Learn More → CodeSignal Ad

Free AI-powered learning to build in-demand skills

Learn More →

Overview

Coursera Flash Sale
40% Off Coursera Plus for 3 Months!
Grab it
Make your small business recession proof. Get practical strategies for cutting costs, analyzing your finances, negotiating with vendors, and more.

Syllabus

Introduction
  • The small business challenge
1. Strategic Overview
  • Recession for small businesses
  • Advantages and disadvantages of a recession for small businesses
  • The one fundamental truth
2. Cutting Costs without Cutting Labor
  • Analyzing your spending
  • Cutting costs
  • Prioritizing your spending
  • Renegotiating with vendors
  • Exiting contracts
  • Asset recovery and disposition
3. Making Tough Labor Decisions
  • Prioritizing labor decisions
  • Making the toughest decision
4. Planning Ahead
  • Limiting the downside
  • Preparing for the upside
  • Going forward

Taught by

Jason Schenker

Reviews

4.7 rating at LinkedIn Learning based on 80 ratings

Start your review of How to Protect Business Profits in a Financial Downturn

Go to class

Never Stop Learning.

Get personalized course recommendations, track subjects and courses with reminders, and more.

Sign up for free
Someone learning on their laptop while sitting on the floor.