Practical Guide to Solving Cash-Flow Problem in a Manufacturing Company
- September 2, 2023
- Posted by: SosAdmin)
- Category: Consulting
No CommentsBackground and Overview We typically get asked how do we solve cash-flow issues in a manufacturing company Every company has its own unique challenges. However, from our experience, there are pattens which we see at lot of manufacturing companies. Through this guide, we are attempting to solve cash-flow problem with one of the approaches we
7 Unconventional Ratios: A Deep Dive into Financial Narratives
- September 1, 2023
- Posted by: SosAdmin)
- Category: Consulting
In the realm of financial analysis, convention often dictates our approach. Traditional metrics, while valuable, can sometimes overshadow the more nuanced, unconventional ratios that offer unique insights into a company’s operations. Today, I wish to shine a light on seven such unconventional ratios, which, in my experience, have the potential to redefine how we perceive
Reducing Inventory Turnover Days: A Guide to 50 Effective Strategies
- August 11, 2023
- Posted by: SosAdmin)
- Category: Consulting
Reducing Inventory Turnover Days: A Guide to 50 Effective Strategies Inventory turnover days, commonly known as Days Sales of Inventory (DSI), measures the duration a company takes to turn its inventory into sales. A lower DSI signifies reduced holding costs and increased liquidity, which are both critical for the financial health of a business. If
50 Ways to Better Manage Cash Flow in Business
- August 10, 2023
- Posted by: SosAdmin)
- Category: Consulting
50 Ways to Manage Cash Flow in Business Better Table of Contents IntroductionBudgetingRegular Cash Flow ForecastingExtend PayablesInventory ManagementReduce Overhead CostsOffer DiscountsSet Clear Payment TermsDiversify Revenue StreamsEmergency FundsAvoid Non-Essential ExpensesLease Instead of BuyMonitor Cash Flow MetricsOutsource Non-Core ActivitiesUtilize a Line of CreditReduce Payment ErrorsImplement Late Payment
How FP&A can achieve Sales Goals
- July 12, 2023
- Posted by: SosAdmin)
- Category: Uncategorized
We get asked often how our services can help the client achieve its sales goals Our answer is two-fold We do not help our clients to find new customers Having said this, with the help of Financial Planning and Analysis (FP&A) Company can reach it goals faster Here are some of the ways: Setting sales
Title: How a CFO Can Influence Sales: An In-Depth Analysis of CFO Services and Their Impact on Sales Performance
- May 10, 2023
- Posted by: SosAdmin)
- Category: Uncategorized
Table of Contents IntroductionThe Role of a CFO in Sales PerformanceThe CFO Services Journey and Sales InfluenceThe Impact of CFO Services on Sales: A Three-Step ApproachCase Studies and ExamplesThe Future of CFO Services and Sales Performance Introduction 1.1 Background In today’s competitive business environment, the role of a Chief Financial Officer (CFO) has evolved
Boring is Soaring: The Power of Consistency in Business
- April 15, 2023
- Posted by: SosAdmin)
- Category: Uncategorized
Table of Contents IntroductionThe Appeal of Novelty and Neglect of FundamentalsThe Importance of Investing in Systems and ProcessesThe Power of Incremental GrowthThe Role of Finance Leadership in Fostering Consistency Bringing Finance Leadership to CompaniesConclusion Introduction In our fast-paced world, we often chase after the latest innovations, new software, and the next big thing, neglecting the
Building a Financial Fortress: A Comprehensive Guide for Companies
- April 15, 2023
- Posted by: SosAdmin)
- Category: Uncategorized
Introduction A financial fortress is an essential component of any successful business, particularly in a world where economic uncertainty and challenges can quickly unravel even the strongest of companies. In medieval times, kings protected their forts and towns with moats, which served as a first line of defense against approaching enemies. This concept of
Make Your Business Great Again!
- March 10, 2020
- Posted by: SosAdmin)
- Category: Uncategorized
After the PMC bank, Yes Bank is facing the same fate It’s real pity that customers cannot take back their money Indeed reforms are needed in this space Speaking of this, don’t you think Business owners face the similar plight? They invest their hard-earned money, time and effort AND HARDLY enjoy the fruits of their
How to Run the Business When the Economy is down
- February 29, 2020
- Posted by: SosAdmin)
- Category: Uncategorized
The numbers are out; yes the economy is under slump. The GDP is down. The core sector growth numbers are down. You can look at all these facts and comfort yourself and convince that’s precisely the reason your business is not doing well AND SIT BACK AND watch… for the things to unfold. This is what