4 - Strategies Flashcards
(6 cards)
1
Q
5 key strategies
A
Cash flow management, Working Capital, Profitability, Gearing, Global Management
2
Q
How do businesses manage cash flow?
A
Distribute payments, factoring, offer discounts
3
Q
What is working capital?
A
Current assets - current liabilities
4
Q
Working capital strategies
A
Lease assets, tighten credit policy, manage inventory, sale & leaseback
5
Q
How can a business improve profitabilty?
A
Control costs, increase revenue through pricing, expand marketing or product range
6
Q
What is gearing and how can it be managed?
A
Balance between debt and equity - avoid high gearing to stay solvent.
