L Ashok, CEO, Fu­turenet Tech­nolo­gies shares some of the best prac­tices that help a chan­nel or­ga­ni­za­tion have a cake-walk when it comes to main­tain­ing the fi­nan­cial health of the or­ga­ni­za­tion.

DQ Channels - - The Perspective -

Fi­nance man­age­ment dis­ci­pline: Hav­ing a fi­nance dis­ci­pline both in pay­ment and col­lec­tion in­creases the cred­i­bil­ity. Some fi­nan­cial com­pa­nies re­ject for bounces in cheques. Spend within your earn­ings: This is the other fac­tor which many miss to­day. A chan­nel part­ner should know what is the RoI on ev­ery sin­gle penny spent. In­vest early: In­vest­ing early will help them plan and ex­e­cute their fi­nance in the right path Healthy cash bal­ance: Hav­ing healthy cash bal­ance be­tween in­come and ex­pen­di­ture even in terms of the hu­man re­source of the or­ga­ni­za­tion to be right. Strong bal­ance sheet: Need­less to stay the first thing any fund­ing agen­cies or ven­ture cap­i­tal­ists com­pany look for.

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