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DTSTART:20211203T140000Z
DTEND:20211203T150000Z
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SUMMARY:GLMV Conversations 4 Success Network Group (C4S) - FREE
DESCRIPTION:Conversations 4 Success\nA Lively\, Dynamic FREE Networking Group...Engage\, Inspire\, Connect\, Learn and Grow Biz\n\n8-8:20 Introductions: Your One Minute Elevator Speech\n\n \n\n8:20-8:55 Other Discussions: How Inflation Affects Business\n\n\n Increased cost of borrowings: As inflation keeps rising\, the central bank will likely increase the interest rates to counter the inflation rate.\n Increased investing activities for business: Many businesses with surplus cash turn to capital investment projects that otherwise would have been put on hold.\n Lower purchasing powers and lower sales: In an economic cycle\, it means the businesses will see lower sales.\n Increased cost of production: When inflation rates go up\, the total cost of doing business increases.\n Protecting your business from inflation effects: Businesses can only take preventive measures to mitigate the risks arising due to high inflation rates.\n\nQuestion: If you were just starting your business in 2022 what would do and how would you adjust for inflation?\n\n \n\n8:55-9:00 Updates/Announcements \n\n \n\nNext meeting: December 17\, 2021: \n\n \n\n \nHope to see you all there.\n\nThanks\,\n\n Todd Renihan\n\n 847-680-7525\n\n ToddRenihan@allstate.com
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Conversations 4 Success
\nA Lively\, Dynamic FREE Networking Group...Engage\, Inspire\, Connect\, Learn and Grow Biz
\n8-8:20 \; \; \; \; \; \; \; \; \; \; \; \; \; \; \; Introductions: Your One Minute Elevator Speech
\n \;
\n8:20-8:55  \; \; \; \; \; \; \; \; Other Discussions: How Inflation Affects Business\n\n\n - Increased cost of borrowings: As inflation keeps rising\, the central bank will likely increase the interest rates to counter the inflation rate.
\n - Increased investing activities for business: Many businesses with surplus cash turn to capital investment projects that otherwise would have been put on hold.
\n - Lower purchasing powers and lower sales: In an economic cycle\, it means the businesses will see lower sales.
\n - Increased cost of production: When inflation rates go up\, the total cost of doing business increases.
\n - Protecting your business from inflation effects: Businesses can only take preventive measures to mitigate the risks arising due to high inflation rates.
\n
\nQuestion: If you were just starting your business in 2022 what would do and how would you adjust for inflation?
\n \;
\n8:55-9:00 \; \; \; \; \; \; \; \; \; Updates/Announcements \; \; \; \; \;
\n \;
\nNext meeting: December 17\, 2021:  \;
\n \;
\n \;\nHope to see you all there.
\nThanks\,
\n \; \; \;Todd Renihan
\n \; \; \; \;847-680-7525
\n \; \; \; \;ToddRenihan@allstate.com
\n
LOCATION:Holiday Inn Express 975 Lakeview Parkway - Vernon Hills
UID:e.687.300278
SEQUENCE:3
DTSTAMP:20240328T224643Z
URL:https://www.glmvchamber.org/events/details/glmv-conversations-4-success-network-group-virtual-free-12-03-2021-300278
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