September 30, 2020
2:00 pm - 3:00 pm
In this insightful and wide-reaching webinar series, Profit Soup’s Rod Bristol explores the impacts and opportunities brought on by the onset of COVID-19. These webinars include topics on everyday business planning, forging a bigger bottom line, expanding productivity of your property and using your known data to compare and plan in contrast with industry benchmarks. Be prepared to take notes as each session will provide you with survival strategies that your business can’t afford to miss.
Part 2: Time to Take the Garbage Out You’ve heard the saying “garbage in, garbage out” – but did you realize you are operating at a significant competitive disadvantage if you’re operating without the benefit of numbers you can trust? Knowing your numbers has never been as critical as it is now when we are thinking of strategies to help our business survive the impacts of COVID-19. In this session we’ll explore a framework for assessing whether your financial reports are giving you the information you need, when you need it, and if not, what you can do to get it. We’ll also review the benefits of following guidelines from the Uniform System of Accounts for the Lodging Industry.
Presenter: Rod Bristol, Profit Soup – knows first-hand how changes in technology and market forces impact a business. His 23 years’ experience as owner of a multi-unit business chain have prepared him well to help others weed the threats out of opportunities, and find the best strategic pathway forward. He also spent six years as a mergers and acquisitions specialist, doing business valuations and facilitating business sales. Combine this with more than ten years as a master financial trainer, and you’ve got a champion for building wealth through growth and productivity from business inception to transition.