Keep an eye on your margins, fight the market for every 0.1%.
Analyze the efficiency of your areas, products, retail outlets and close unprofitable ones in time.
When revenue falls, cut fixed costs or convert expenses from fixed to variable. For example, reduce the fixed portion of the salary and increase the share of the performance bonus.
Implement a cost killing culture and cost control.
Solvency
What does an entrepreneur do when he doesn't have algeria whatsapp number data enough money? In 9 cases out of 10, he starts looking for borrowed funds.
For example, we analyzed the situation of a client company: at first there was a loan for 30 million rubles, then it became 100 million, but there was still not enough money. The owner came with a task: we need to get another 50 million in credit. Here is the catch. You should ask not "how to get another loan", but "why does a cash gap arise".
The company from the example has seen its accounts receivable double in six months, and overdue accounts have tripled. And the company has been operating at a loss for the last five months. Taking out another loan in such a situation is dangerous. Another loan means increased expenses in the form of interest and the total amount of debt, which increases the risks for the business.
What you need to do to maintain and increase profits:
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