what financial strategies?? (1 Viewer)

[study69]

this might be a bit broad and general

but what are financial strategies to improve a business??

 

[exa_boi87]

Depends on what area of the business you wish to improve ...

You've got management of Working Capital and its influential factors through:

WC Management - Factoring, Leasing, Sale and Lease back
CA Management - Budgeting
CL Managament - Budgeting
Recievables Management - Factoring, Creit Policy, Discounting
Inventory Management - JIT

Effective profitability management involves the consideration of cash flows, revenue and cost:

CashFlow Management: CashFlow Statements, Management Skills (Allocation of Funds/Resources, Discounts)
Cost Management: Cost Centers, Expense Minimisation, Reduction in Fixed/Variable Costs
Revenue Control: Pricing Policy, Sales Mix, Sales Objectives

Good Luck .... of course theres a whole lot more if youre talking about a global business under 'financial management'