Make Your Business Great Again!

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 labour

They are unable to handsomely reward themselves because the profits is stuck in business in various places
It is locked in receivables, advances and inventory

How to get out of this deadlock

1. First financial discipline has to be instilled in all the functions of the company.
2. The emphasis should be on making the business profitable and cash-flow positive
3. For making the business profitable, profitability targets have to be set and aggressively pursued
4. This could mean eliminating certain expenditure or outsourcing certain activities
5. This could also mean strengthening processes like receivable and inventory management
6. Implementing uniform payment policy for all the vendors
7. Striving to pay Government taxes on time

Again, you might be aware of the above steps, but simply do not have the time to implement on your own
That’s where you can take the help of financial experts who have been part of such Turn-arounds

At Soatech, we help companies to become profitable through our expert services