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

Overview

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.

Prerequisites

None

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

Highlights

• 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