Asset Disposition
Asset disposition is the process by which a company manages the retirement or disposal of its assets. This includes a range of activities, such as selling, recycling, donating, or redeploying assets that are no longer useful or have reached the end of their
Accounts Receivable
Accounts Receivable (AR) refers to the money owed to a business by its customers for goods or services that have been delivered 1 or used but not yet paid for. It 2 represents a company’s right to receive cash in the future. Here’s
Accounts Payable
Accounts Payable (AP) Explained Accounts Payable (AP) is a crucial part of a company’s financial obligations. It represents the short-term liabilities a business owes to its suppliers or vendors for goods and services purchased on credit. Think of it as the “bills” the
Return On Assets (ROA)
Return on Assets (ROA) is a financial ratio that measures how efficiently a company is using its assets to generate profit. It is calculated by dividing a company’s net income by its total assets. The formula is: ROA=Total AssetsNet Income A higher ROA
Operating Budgets
An operating budget is a detailed financial plan that outlines a company’s expected revenues and expenses for a specific period, typically one fiscal year. It serves as a roadmap for day-to-day operations and helps organizations allocate resources, control costs, and measure performance against
Margin Improvement
Margin improvement refers to strategies and actions taken by a business to increase the difference between its revenue and its costs, ultimately leading to higher profitability. It’s a crucial aspect of business management and can significantly impact a company’s financial health and sustainability.
New Business Development
New Business Development (NBD) is a set of activities aimed at generating new sales leads, forging strategic partnerships, entering new markets, and ultimately driving revenue growth for a business. It’s a proactive and often strategic function that focuses on creating future opportunities rather
Project Management
Project Management is the discipline of planning, organizing, and managing resources to bring about the successful completion of specific project goals and objectives. It involves a temporary endeavor with a defined beginning and end, undertaken to create a unique product, service, or result.
Business Development
Business Development is a multifaceted process aimed at creating long-term value for an organization through various strategies and activities. It goes beyond just sales and involves identifying new opportunities, building strategic relationships, and expanding the business into new markets or with new offerings.
Financial Controls
Project Financing is a specialized method of funding large-scale infrastructure and industrial projects. Unlike traditional corporate finance, where the creditworthiness of the sponsoring company is the primary basis for lending, project financing relies heavily on the projected cash flows generated by the specific
