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Surgent's Capital Planning in Light of COVID-19 On-Demand Webcast

May 1st, 2023 - April 30th, 2024 @ -

Member Price $49
Non-Member Price $51
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Credits

1

Description

Capital planning as a concept has undergone few changes; however, following the recent pandemic, we suddenly saw that our old system didn't work with the rapid change that was required. This program will take a look at capital planning in light of what we have learned from COVID-19, and specifically apply it to the small businesses needing to view capital planning in a new way.

Objectives

  • Understand how to set up a formal capital expenditure system without a lot of bureaucracy
  • Understand the relationship between the capital expenditure system and nimbleness
  • Recognize how to take the politics out of capital purchases
  • Recognize how to increase the productivity of the organization through a good system
  • Understand how to audit past capital decisions

Major Subjects

  • Formal and informal capital planning systems
  • Capital expenditure and nimbleness
  • Why a low average cost is not necessarily the best measurement
  • Looking at capital expenditure in light of bank requirements
  • Exempting certain assets from the need for analysis
  • Exploring the best way of project and capital analysis

Prerequisites

None