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Upcoming League Events

 

Webinar: 12 Steps to Effective Expense Control: Practical Techniques for Cutting Costs & Increasing Profits

 

Thursday, December 12, 2013

2:00 - 3:30 pm CST

 

Speaker:  G. Michael Moebs, CPA, MBA, Moebs $ervices, Inc.

 

About the Program

Each financial institution is unique in the marketplace,with a number of variables to consider when pricing loans, deposits, and services. But the one common denominator is the bottom-line challenge: you need to be profitable to survive. If 2013 has been a challenging year, this webinar is for you.

 

A complete walk-through of your costing methodology is like a good car tune-up and should be done periodically. There are many methods of estimating costs and evaluating their impact on the bottom line. In this webinar a simple formula for developing cost is presented. Understanding economies of scale is one of the secrets to good expense and cost control. Whether it is managing direct costs or understanding overhead expenses, this webinar will assist you with expense control. Join us to learn strategies to reduce expenses and benchmarks.

 

HIGHLIGHTS

  • Easy ways to estimate costs, plus benchmarks for comparison
  • What your economy of scale can tell you about strategic options
  • Twelve steps to reduce cost
  • How to get buy in
  • When “rules of thumb” work…or don’t
  • How important is hard data?
  • What to do when there is no hard data
  • The downside to cutting costs
  • Three areas you can always cut
  • How smart is the competition?


Related Files
Printable Brochure (Adobe PDF File)

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