O que você faz se suas finanças estão em desordem e você precisa fazer escolhas financeiras inteligentes?

We need to understand product-wise costing, sales, and contribution in annual sales figures along with market size with projected growth of each product segment. The sales team should have a threadbare discussion of EBIDTA and earning potential. Part of which organisation should be ready to share with the sales team. Sales promotion and improvement in earning of the sales team should be planned along with the annual budget. In manufacturing organisation production constraints should also be considered. The target should be realistic and divided into small goals which translate to an annual target. Profit sharing/Incentives should be vetted with the finance team and approved by management. This will have a positive impact to stakeholders

Start by analyzing your financial statements to identify areas of concern and opportunities for improvement. Look for ways to increase revenue, reduce expenses, and improve cash flow. Consider renegotiating contracts, exploring new markets or revenue streams, and optimizing your operations. Seeking advice from a financial consultant or mentor can also provide valuable insights tailored to your specific business needs.

First and foremost :- 1. Build an Emergency Fund: Aim to save at least three to six months' worth of living expenses in an emergency fund to help you cover unexpected costs without going into debt. 2. Prioritize Repaying bad Debts 3. Assess Your Financial Situation: Start by creating a budget to track your income and expenses. 4. Cut Unnecessary Expense. 5. Increase Your Income: Look for ways to boost your income. 6. And obviously to seek professional help, for that I have my financial experts in my company.

The first step is to assess your current financial situation. This involves gathering all your financial information, including income, expenses, debts, and savings. Understanding where you stand financially is crucial to making informed decisions.

If your finances are disorganized, start by creating a budget to track income and expenses. Use budgeting apps like Mint or YNAB to streamline this process. Consolidate debts and prioritize paying off high-interest loans. Set up automated savings transfers to build an emergency fund. Utilize personal finance resources like books or online courses to educate yourself on smart financial choices. Consider consulting a financial advisor for personalized guidance. Regularly review and adjust your financial plan to stay on track towards your goals.

Creating a budget is a practical step to manage your finances. It involves listing your income and expenses, then planning how much to spend, save, or invest. A budget helps you control your money, rather than your money controlling you.

f you have debts, develop a strategy to pay them off. This could involve consolidating your debts, negotiating lower interest rates, or prioritizing high-interest debts. Remember, the goal is to become debt-free and avoid unnecessary interest payments.

Es vital contar con una reserva para imprevistos o bien algún medio de pago que permita afrontar gastos inesperados para evitar principalmente problemas de stress financiero.

Investing can be a powerful way to grow your wealth. Start by learning about different investment options, understand the risks involved, and make informed decisions. Remember, it’s not about quick profits but about long-term growth.

Sometimes, improving your financial situation may require lifestyle changes. This could mean cutting back on non-essential expenses, finding ways to increase your income, or both. The key is to live within your means and save for the future.

I will start by creating a budget to track my income and expenses. Prioritize essential expenses like mortgage, utilities, and groceries. Will also check on areas to cut back, like dining out or subscriptions I don't really need. With regards to debt, I’ll consider consolidating or negotiating with creditors/banks for lower interest rates. Lastly, focus on building an emergency fund to avoid future financial crises or ensure that my insurance coverage is in force. If needed, seeking advice from a financial advisor could also be beneficial.

Always keep learning about financial management. Stay informed about economic trends, learn about new investment opportunities, and continuously reassess your financial goals. Remember, financial management is a lifelong journey.

Financial Assessment of direct cost and indirect cost to meet suboptimal reach. I was trickled down in past by incorrect measurements method and potential difference in PE than VC Industry. In past data was oil, to purge financial variables that are like sunk cost against certain cost effective public market capital raising measures. Although, having a debt as a retail client that sunk lakh/crore of shares to penny stock like JBF with penultimate or no leverage possible. Way forward : Loose client and stay happy. Restructuring cost centres as centre of excellence which attributes to teams that accelerate client success NPS and improve the overall functional business. Manufacturing is investment heavy and services- IT/non IT profit driven.