Surviving Hard Times: Strategies & Principles
May 18, 2009: 6:30 PM - 8:45 PM
In hard economic times like these, certain strategies can help you (and your business) survive and thrive. By implementing these strategies now, proactively, you can position your business to still be in the game and come out on top when the next economic growth spurt comes. Russell J. Wilson and Kelley Krowczyk from Porte Brown LLC will discuss a variety of topics for business success during a recession.
NOTE: New Location -- Northern Illinois U. (NIU) - Naperville Campus
First Floor Lobby
1120 East Diehl Road
Driving Directions:Directions: NIU is just off I-88 at NEW Naperville Road Exit (On-line Maps do NOT have correct info on the new exit.) Here are good directions:
From I-88, take Naperville Road exit which will take you to a “T” at Freedom Drive. Turn south onto Freedom Drive (that is a left turn if you are coming from the East on I-88). Take Freedom Drive to a “T” at Diehl Road. Turn right onto Diehl Road and go 2-3 blocks. NIU will be on left, across from the Hampton Inn. Turn left onto driveway at west end of NIU property (just beyond NIU sign) to park. From parking lot, enter center door of building.
Fee to public: $25.00. Chicago Booth almuni/students faculty: $20.00
Save $5.00 if register by May 13th.
Plenty of seating at new location. Can register at door. Save $5.00 if register online by May 13th.
Bill Wentz, Class of 1988, XP-57
Join Russell J. Wilson, CPA, CCIFP , Audit Partner and Kelley Krowczyk, CPA, MST, Tax Manager for Porte Brown LLC, discuss a variety of topics for business success in an interactive roundtable discussion:
• Assessing your business model for survival
• Adapting to the realities of today’s economic environment
• Lean principles … not just for manufacturing, anymore!
• Differentiation through value
• Communicating with your vendors and suppliers
• Renewing relationships with past clients
• Inventory and products
• Bad debts
• To protect the whole, some parts may need to be sacrificed
• What not to cut
• What to do while waiting …
• What business owners should know … and be looking at
For over 60 years, Porte Brown, an Elk Grove Village based accounting and technology firm, has helped small to mid-sized businesses survive and thrive in a variety of economic climates. To learn more about Porte Brown, please visit its websites at www.portebrown.com and www.portebrowntechnology.com