Event Details
Go From Surviving to Thriving: Use Break-Even Analysis to Identify and Capture Incremental Profits In Your Business Today
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Friday, August 22, 2008

Summary

It's all over the news.  The economy is sluggish and costs are going up. The ripple effect impacts all business owners and managers.
 
What to do? Cut costs? Raise prices? Lower prices? Sell more? Sell less? Sacrifice profits?  It's time for every business owner/manager to take stock, stop guessing, and take action! To do so, you need some tools and a plan.
 
This session will offer a world-class presenter, Steve LeFever, and a uniquely powerful tool, Break-Even Analysis, to give you tools to identify and capture incremental profits starting today in your business. 
 
Steve's "Cup Theory" approach to profit management will enable you to see performance measurement in a whole new light -- and enable you to implement a process to squeeze additional cash out of your business forever -- in tough times or good.
 
By using the tools of cost and Break-Even Analysis, participants will have a road map to make critical decisions regarding the profitability of individual locations and products -- as well as gauging the impact of changes in costs, volume, or pricing.
 
The presentation includes a video component featuring a Profit Mastery workshop that was taped in front of a live audience of business owners and advisors. Steve LeFever will be on-hand to personally introduce the program and to answer participants' questions both during and at the end of the program.
 
Presentation Goals
 
Participants will be able to:
 
1.  Understand exactly how cost patterns affect profits
 
2.  Use Break-Even Analysis to control costs
 
3.  Develop relevant pricing strategies
 
4.  Implement a strategy to analyze and prioritize investments in locations, equipment, and product lines.
 
5.  Implement a profit planning approach
 
6.  Instill an atmosphere of accountability
 
Who should attend:
 
Business Owners & Entrepreneurs Managers with pricing and/or P&L responsibility Business Advisors, Coaches, and Consultants Anyone who wants to better understand the impact of changes in costs, volume, and prices on a business
 
No prior financial experience necessary
 

Attendees will receive handout materials that include Steve's case studies, worksheets for applying Break-Even Analysis to their own company, and access to a special Virtual Roundtable resource section on the BRS Website with additional articles and worksheets.
 
 
 
About Steve LeFever
 

Steve LeFever is probably the most sought-after independent business advocate working in North America today.  He is amazingly adept at presenting sophisticated financial concepts and tools in practical, understandable language.  And his no-nonsense, laugh-out-loud approach will make the time fly!
 
Steve's distinctive perspective on independent business, financial management, and commercial banking is appreciated and applauded by the thousands who hear him speak every year.  But it's the interaction and connection with his audiences that brings his message home best and insures a solid contribution to any agenda.
 
His distinctive effectiveness comes from his one-of-a-kind style, an unorthodox blend of information, motivation and humor that keeps people on the edge of their chairs and brings them back for more.
 
"Picture MASH's Hawkeye Pierce as a financial consultant instead of a surgeon, and you'll have some idea why laughter rang through the walls for an hour and a half at a convention keynote on cash flow."
 
Steve LeFever is Founder and Chairman of Business Resources Services, a Seattle-based firm that provides Profit Mastery, a process of financial management education, research, and services, to members of the closely-held business community and those who advise them.
 
Steve received his MBA in Marketing and Finance and his BS in Petroleum Geology from the University of Washington.
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