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Financial Strategies

Financial strategies help to achieve the financial objectives.
There are 4 types of financial strategies:
1. Raising Finance
2. Profit Centres
3. Cost Minimisation
4. Allocating Capitol Expenditure

1.) Raising Finance
INTERNAL SOURCES:
Retained profit (business savings). This helps with
future growth and improves profitability
Sell assets. This…

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Isolates every store and looks at their individual profits
­ the manager of the store is put in charge of the
financial aspects and different stores are compared
by the business.
This clearly shows what stores are more successful
and what stores are failing.
Makes each store responsible for own…

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