Financial management strategies to improve business performance

Siti, Nuraeni Salamah (2023) Financial management strategies to improve business performance. Journal of Contemporary Administration and Management, 1 (1): 3. pp. 9-12. ISSN 2988-0394

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Abstract

In the business world, company performance is very important. Business performance is influenced by various factors such as strategy, human resource management, financial management, and business environment. Effective and efficient financial management is essential to ensure business sustainability and growth. The purpose of this study is to discuss appropriate financial management strategies to improve business performance. The methodology used in this study is descriptive analytical method using secondary data obtained from various sources such as academic journals, books, and company financial reports. This study arrives at the conclusion that in an increasingly complex and competitive business era, effective financial management is an important key in improving company performance. The right financial management strategy can help companies estimate and allocate resources effectively, manage risks, and make the right decisions in capitalising on business opportunities.

Item Type: Article
Uncontrolled Keywords: Business performance, Finance, Management, Strategy, Financial management, Business planning, Financial performance
Subjects: Economics and Business
Economics and Business > Banking & Finance
Depositing User: Raysa Royyan
Date Deposited: 06 Aug 2024 07:16
Last Modified: 06 Aug 2024 07:16
URI: https://karya.brin.go.id/id/eprint/37653

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