Precautions

Financial strength – Symptoms


  1. Financial : You are able to meet financial commitments of payments of interest, instalments, administrative overheads, contributors of prdoucts and services in time without borrowing or adjustment.
  2. Assets : Able to acquire assets after replacement with inner generatged funds or with the help borrowing not more than half of the cost of new asset.
  3. Products : Able to see the  availability of raw materials without interruption and unexpected price fluctuations, over inventory with the help of proper production planning in advance.
  4. Administration : Able to get the holehearted and support of services of all sections of employees, workers, professionals at all times in advance with proper agreements.
  5. Compliances : Able to meet the compliance requirements of all laws of the land with regarding taxes, labour, quality, quantity, echo balance with the help having knowledge in advance. Needs the services efficient external professionals and inbuilt administrative setup.
  6. Marketing : Able to meet the demands of the market without interruption and with expected quality, quanitity standards. Need not be under pressure to market the products with the help of influence of incentives except information.
  7. Productivity : Maximisation of productivity of all sections of assets of money, men, material, time and knowledge with frquent upgradation of self designed and standards of the industry.
  8. Profitability : Able to earn income for capital contributed as expected in addition to the interest on borrowings, income on assets after profividing for wear and tear and replacement with minimum adjustment.
  9. Funds : Able to mobilise funds as and when required for acquisition of assets, materials, unforeseen shortages, compliances, commitments as borrwings, additional capital introduction. It means to expect the necessity of funds in advance and be prepared for the same.
  10. Rewards : All contributories of material ofn good prices rents for assets, interest and capital for funds contributed, remuneration for administration,  management.
  11. Goodwill : For all efforts made by the organisation, management the goodwill or image of the organisation in the industry, market, is the result.
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