Managing Costs Wisely During A Pandemic and High Inflation
Date and Time
Thursday Oct 20, 2022
10:00 AM - 11:00 AM CDT
Thursday, October 20 | 10 - 11 a.m.
Location
Live Zoom
Fees/Admission
No cost
Contact Information
Illinois Small Business Development
and International Trade Center
College of Lake County
(847) 543-2033
Send Email
Description
Several ideas will be presented on how mid-sized businesses can save money in these challenging times, through the reduction of service-provider pricing, tax incentives, and process improvements. Topics include: * Service provider analysis – industries that are over-priced and why; how to save costs on your own; identify unneeded services; benchmarking prices * Tax Incentives – defer taxes with accelerated depreciation; tax credit for manufacturing * Process Improvements – shipping improvement; earned wage access for keeping employees
