Managing your financials is (or should be) top of mind for contractors, and in difficult economic times – and these are surely difficult and unpredictable economic times – making sure your financials are in shape is essential to your bottom line – and to your survival.
Thousands of readers have followed Garry Bartecki’s advice for more than 20 years in Equipment Today and Rental magazines, and he’s helped the entire construction industry as a consultant for Associated Equipment Distributors. In this session you’ll get to hear straight from Garry steps you can take in today’s environment to keep (or get) your financials in line.
Garry will work through a Financial Checklist for these COVID-19 circumstances, covering:
Minimizing risk to assure survival and continue growth
Controlling your fixed costs
Handling and reducing debt
Keeping your balance sheet in shape
Managing equipment: Buying vs. renting vs. maintenance
Plus, you’ll learn why pricing flexibility is essential in unpredictable economic times, including how to maintain it, how to manage it and what the impact of flexible pricing can be on your balance sheet and bottom line.
This session will help you focus on the single most-important aspect of your company as you wrap-up 2020 and start planning for 2021 and beyond.