International Journal of Health, Economics, and Social Sciences (IJHESS)
Vol. 6 No. 4: October 2024

Financial Management Strategies to Increase Company Profitability

Nurul Masithoh (Unknown)



Article Info

Publish Date
30 Oct 2024

Abstract

Effective financial management is a critical factor in fostering a company's growth and long-term sustainability. By managing finances properly, a company can boost profitability, ensure operational stability, and create lasting value for its stakeholders. This article explores a variety of financial management strategies that businesses can implement to increase their profitability. The key areas of focus include managing cash flow, controlling costs, making sound investment decisions, and handling debt efficiently. It is anticipated that by adopting these strategies in a structured and thoughtful manner, companies can maximize their profits and strengthen their competitive position in the market.

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Journal Info

Abbrev

IJHESS

Publisher

Subject

Economics, Econometrics & Finance Public Health Social Sciences

Description

nternational Journal of Health, Economics, and Social Sciences (IJHESS) is a peer-reviewed electronic international journal. This statement clarifies ethical behaviour of all parties involved in the act of publishing an article in this journal, including the author, the chief editor, the Editorial ...