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Navigating the Complexities of a Saw-Tooth Recovery
February 9, 2021 @ 12:00 pm - 1:00 pm EST
The laws of physics tell us that which goes up must come down and that which rises will fall. What happens, though, when economic recovery is a rapid and varied combination of both highs and lows, ups and downs?
The uncertainty of current events (health, social, political) are, by analysts’ predictions, creating a longer, ‘saw-tooth’ recovery than originally predicted. Unlike a rapid drop and steady incline (V-shaped recovery), the pattern of the current economic recovery is tumultuous where big gains are followed by small losses and vice versa (Saw-Tooth). Survival demands a different approach.
This presentation focuses on the nimble nature required for succeeding in a Saw-Tooth recovery. Gary Applegate, CEO of CenterPoint CFO, will explore the impact and provide real recommendations for navigating this roller coaster ride, including incorporating flexibility into the work force, getting back to fundamentals in all areas of your business, strengthening and possibly retooling relationships with key service providers and using this crisis as an opportunity to strengthen the core values of the business.
About the Presenter:
Gary Applegate has over 30 years of experience with high growth companies, both public and private. He has held positions in public accounting and industry such as Senior Auditor, Internal Auditor, Division and Group Controller, Director of Finance and Chief Financial Officer. Mr. Applegate has proven experience in accounting best practices, finance, treasury, budgeting, cash management, financial modeling and internal controls. Most recently, he has been independently providing CFO, strategic planning, operational and organizational consulting, financial modeling and exit preparation work for small privately-held businesses in the Carolinas and Virginia since 2003.
Mr. Applegate has assisted many privately held companies maximize their profitability and value through optimizing capital structure, securing growth capital, managing accelerated growth, employing financial and operational best practices, mergers and acquisitions and developing and executing sound exit strategies. Mr. Applegate graduated from the State University of New York College at Oswego with a BS degree in Accounting and holds a dormant Certified Public Accountant license in the state of New York.