lack of financial liquidity

lack of financial liquidity

When doing business, there must be a problem of lack of financial liquidity. depends on many Factors such as economic conditions, business partners, whether our business can continue or not depends on management decisions at that time.

type of property

To do business, we must have the property of the company or the public. which some large businesses have to produce a large number of products It may be a lot, a lot of assets or have all of the items.

- Intangible assets such as popularity, trademarks, trends, services

- Tangible assets such as warehouses, machinery, factories, product areas

- Financial assets such as accounts, money, stocks invested

Has our business reached a stage of lack of liquidity?

- account

It's like recording income-expense. Accounts are very important in helping us to see more of the overall work, where and how much is invested. Where should I reduce investment? Otherwise we will not know the movement of money in the company. Causing when it comes to spending large sums, it may cause shock and not be able to make money in time to many losses business development opportunities

- working capital

Money turnover in business day to day Another important part, not losing income-expense at all, is the remaining money, for example, our income is less than our expenses. The missing balance is the remaining balance. that we must try to stimulate more sales in order to reduce the remaining portion of the money

- product

Each type of product and each business is different. But what if we do a business that has multiple products? We have to invest a lot in keeping the quality of the product always good until it reaches the customer, such as the ready-to-eat food business. to be frozen There is a food storehouse with a freezer. There must be a categorical area allocation. Add more room to store more products This is the cause of wasting money on additional expenses that follow later. Whether it's the value of the staff, the cost of various security equipment

management method

- control the financial system

When we have an account that helps to record income-expenses We have to go back and look at the overall picture again if we invest in this part, will it be worth it or not? And which part is better to invest in, such as investing in general products or products that are trending, selling well? Of course, choosing to invest in producing products that sell well is better for generating income back to us. We should look at the picture which part is necessary. should invest more For the part that is not necessary, we can reduce the budget in that part first to add money to other parts.

- keep money

When customers buy our products make us have more income we should repay Or called as an incentive for customers to demand our products, create a stand, offer a difference. Strengths of our products make old customers want to come back to buy our products New customers want to try our products.

- Treasury management

to check the inventory to see which products have the most leftovers Conduct surveys and come up with a plan to solve problems. Products that are rarely sold May be used to organize promotions to help increase sales. As for the products that sell well and are popular, we invest more.

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Details of online marketing services

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Examples of various brands that we take care of online marketing

>>https://www.chatstickmarket.com/portfolio

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