Economic Impact Series: Part I: A View of the Economic Climate and How It Impacts Your Business

SVA’s experts will discuss the economic challenges facing businesses and share their insights on what business owners should watch and plan for in the coming months. Evaluating your perspective on how you look at your financial data is imperative. Reviewing your revenue goals and looking deeper into the numbers will help you understand what drives your actual net-revenue increases.

The discussion will include:

• Preparing for what’s ahead – Inflation and recession planning
• Historical data challenges – Balancing revenue and expense increases
• Inventory level planning – The impact of product demand shifts
• Labor challenges – Bonus plans vs. higher hourly wages
• Supply chain impacts – Forecasting with an eye to inflation adjustments