By Zane Clark
SEMA Show Education is offering five seminars for showgoers to help them prepare their businesses for the future.
Business today is in a constant state of flux. In addition to evolving customer needs and emerging technologies, small-business owners are expected to keep up-to-date on regulations, tax code and create business plans that lead to sustainability. In other words, owners and managers must go from working in the business to working on the business. Generally, the idea is entrepreneurs often get caught up on the day-to-day running of the business and don’t spend enough time dreaming, planning big goals and thinking about the future. SEMA Show Education offers showgoers the opportunity to take a step back to prepare their businesses:
Controlling Your Healthcare Cost Over the Next Two Years
Monday, October 23, 10:00 a.m.–11:00 a.m., LVCC N253
The Affordable Care Act has not been repealed, but parts of it are being chipped away, and significant changes to the legislation are expected over the next few years. The cost of healthcare continues to be substantial for both companies and individuals, and most experts believe these costs will continue to rise over the next two years amidst the ongoing uncertainty in the industry and Washington.
Don’t Overpay Your Taxes: Making the R&D Tax Credit and IC-DISC Export Incentive Work for Your Business
Monday, October 29, 2:30 p.m.–3:30 p.m., LVCC N256
The interest in the R&D Tax Credit continues to remain strong among SEMA members. This year, we’ll continue the discussion regarding the R&D tax credit and also the IC-DISC Export Incentive. The seminar will highlight a few things regarding the new tax plan that was just passed in December 2017 and how a few of those changes might impact SEMA members and the auto industry.
Owning an Automotive Franchise
Monday, October 29, 1:00 p.m.–2:00 p.m., LVCC N256
Industry experts will discuss the benefits of owning an automotive franchise, including successful business models, training opportunities and marketing and advertising programs.
Why You Make More Money When You Have a Business Plan
Tuesday, October 30, 1:00 p.m.–2:00 p.m., LVCC N252
All businesses in the trade were started with an idea. This seminar explains how a business plan is not primarily for obtaining a loan, but is intended to help the owner develop the right course for the business and is to be used to keep the business and the owner on track over the life of the business.
Legal & Regulatory: Navigating the World of Import Tariffs
Wednesday, October 31, 2:00 p.m.–3:00 p.m., LVCC N256
The Trump Administration has imposed and threatened to impose significant tariffs to address intellectual property theft and perceived global trade imbalances. The U.S. tariffs, along with retaliatory actions being taken by other countries, are causing significant turmoil within the auto industry, as companies seek to grapple with unexpected price hikes and supply-chain disruptions. This seminar will review the status of tariffs on steel/aluminum, Chinese products and imported auto parts, along with renegotiation of the North American Free Trade Accord (NAFTA).
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Contact SEMA’s Senior Director of Education Zane Clark for additional information.