PPA Webinar Series: Financial Best Practices: How to Weather the Weather
- June 12, 2018
9:00 am - 10:00 am
Many uncontrollable factors can affect your fuel distribution business – and weather is at the top of the list. Materially colder or warmer winters expose underlying weaknesses and hidden risks to your operation. Too many companies are missing out on the financial tools and planning steps that can be put in place well before the heating season to reduce or avoid the stresses many face when extreme weather makes an appearance. This webinar will quickly address some financial best practices and tips that are easy to implement and can help you “weather the weather” so you can focus on what you do best – meeting customer needs – and avoid the wasted time and energy of scrambling to appease financing partners and suppliers during your peak delivery season.
During this 30 minute webinar, Jeff Simpson will take you through:
- An overview of how unpredictable weather really affects certain aspects of your business
- Indicators of whether or not your company is financially positioned to sustain unpredictable events
- Quick tips on how to calculate your cash needs, sustain adequate cash & shore up your bank line of credit
- A brief overview of the mechanics of weather hedging
By the end of this short webinar you will have learned key tips to prepare for the upcoming heating season and gain new clarity on how to protect your company from the impact of weather swings.
Disclaimer: Angus Partners, LLC (“Angus Energy”) is a registered Commodity Trading Advisor (CTA) and a member of the National Futures Association. When applicable, advice from Angus Energy may include a discussion about risk mitigation via commodity and/or weather hedging.
PAST RESULTS ARE NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. The risk of loss in trading commodity interests can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. In considering whether to trade or to authorize someone else to trade for you, you should be aware that you could lose all or substantially all of your investment and may be liable for amounts well above your initial investment.
Presented by Jeff Simpson
Managing Director, Angus Energy’s Finance Group
You can sign up for the waiting list here