What is financial risk and how can it be controlled?
Financial risk refers to the possibility of losing money and is an inherent part of any business venture. Good financial risk management involves identifying potential risks, assessing how much risk can be absorbed, mitigating the identified risks, and controlling a variety of risks, using a range of different methods.
The checklist is specifically designed to guide decision-makers and project owners through the key decision points for a successful surety bond strategy.
Gearing ratio is one way to measure a company’s financial health. It involves comparing the company's capital to the amount of money the company has borrowed.
Once you have decided to extend credit, you need to establish credit terms. Credit terms refer to the specifications for invoice payment at a later date.
The pros and cons of extending credit to customers
By extending credit to customers, you are telling them that you trust them to pay their bills, and you are financially healthy with access to working capital.
