Symptoms for Financial strength
- Financial : You are able to meet financial commitments of payments of interest, installments, administrative overheads, contributors of products and services in time without borrowing or adjustment.
- Assets : Able to acquire assets after replacement with inner generated funds or with the help borrowing not more than half of the cost of new asset.
- 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.
- 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.
- 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.
- Marketing : able to meet the demands of the market without interruption and with expected quality, quantity standards. Need not be under pressure to market the products with the help of influence of incentives except information.
- Productivity : maximization of productivity of all sections of assets of money, men, material, time and knowledge with frequent up gradation of self designed and standards of the industry.
- 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.
- Funds : able to mobilize funds as and when required for acquisition of assets, materials, unforeseen shortages, compliances, commitments as borrowings, additional capital introduction. It means to expect the necessity of funds in advance and be prepared for the same.
- Rewards : all contributories of material of good, prices rents for assets, interest and capital for funds contributed, remuneration for administration, management.
- Goodwill : for all efforts made by the organization, management the goodwill or image of the organization in the industry, market, is the result .
