Archive for the ‘money management’ Category
A projection of the future credit operations
Monday, October 26, 2009 21:56 Comments OffDevelop as accurate as possible a projection of the future operations in which the money is going to be used or the operation of the project, taking into account sales, costs and other relevant financial issues. Typically, the projection should be broken down for each year of the period of the investment. Quantify positive and [...]
Improving profitability with credit
Saturday, October 17, 2009 12:06 Comments OffSome of the most useful practical techniques to improve profitability are as follows: Focus decision-making on the most profitable areas. Concentrating on products and services with the best margin will protect or enhance profitability. This may involve redirecting sales and advertising activities. Decide how to deal with the least profitable products. These often drift, with [...]