FINANCIAL MANAGEMENT STRATEGIES

1. Cash Flow Management

1.1. Cash Flow Statements

1.2. Management Strategies

1.2.1. Distribution of Payments

1.2.2. Discounts for Early Payments

1.2.3. Factoring

2. Working Capital (Liquidity) Management

2.1. Working Capital Ratio

2.2. Control of Current Assets

2.2.1. Cash

2.2.2. Accounts Receivable

2.2.3. Inventories

2.3. Control of Current Liabilities

2.3.1. Accounts Payable

2.3.2. Loans

2.3.3. Overdrafts

2.4. Management Strategies

2.4.1. Leasing

2.4.2. Sale & Lease-Back

3. Profitability Management

3.1. Cost Controls

3.1.1. Fixed & Variable Costs

3.1.2. Cost Centres

3.1.3. Expense Minimisation

3.2. Revenue Controls

3.2.1. Marketing Objectives