There is nothing but uncertainty regarding the impact of Covid-19 on distributors. The uncertainties include how long the economy will be shut down, how swiftly it will return to “normal” and how deep the sales decline will be.
While there is uncertainty, it is possible to utilize some key financial tools to measure the options that distributors how. The webinar, Getting to the Financial Light at the End of the Tunnel will provide guidance for using these tools.
Key topics will include:
· Knowing your break-even point—really.
· Determining the strength of your cash position.
· Avoiding the mistakes the distributors made after 9/11 and after the Great Recession.
· Developing a plan for the future to be ready next time.
The webinar will be conducted by Al Bates, an old friend of the industry. The session will utilize materials directly from the association’s financial benchmarking report. It will be tailored to you.