Mastering Business Operations for Enhanced Profitability
Dive into a comprehensive seminar series covering crucial aspects of business development and strategy implementation, including belief systems, master plan preparation, sales optimization, inventory management, and the transformative impact on overall business performance and profitability.
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CASH BUSINESS BDD Seminar Series July 2020
APPROACH Belief Develop your Master Plan Step by step implementation Revisit and improvise
BELIEF.. Al fiqho thummal matjar what is fiqh? Methodology Dai ni doa mubarak Shah saudagari Ethical Capital Aim
PREPARE YOUR MASTER PLAN COMPONENTS Purchase Sales Inventory
MASTER PLAN PURCHASE Understand the supplier market Immediate halt on credit purchase List payables of purchases on pareto basis Design and agree on repayment plan based on cut off date with new supplies on cash basis Pledge cash purchase in future Negotiate better prices from suppliers How to raise capital: 1. Internally (frozen investment / overstocking etc 2. Qardan Hasana
MASTER PLAN SALES Understand the customer market Immediate halt on credit sales List receivables - analyze and categorize (pareto) Design a plan to bring them towards cash (e.g.) Aggressive payment collection An example: Category A loyal customers Category B repayment plan on previous credit new terms (90 45 0) Category C convert immediately to cash (risk of loosing customers risk mitigation)
MASTER PLAN INVENTORY Analyze current stocks categorize and plan Fast moving Profitable Slow moving / Dead Return or exchange Sale at discounted rates Bundle off
BUSINESS IMPACT Business is in our control Prudent JIT Cost effective Business oriented Inventory Management Improvement in profitability Lower costs (holding cost) Lower expenses (stock management / sales team / commissions) Purchase Business Budgeting Strategic plan Operational plan Peaceful (religiously / personally) Sales Inventory Budget Monitoring and Control Disciplined growth Focus on excellence (strategic planning) Husn Itqaan Iffat
SOME TIPS Credit market is a conditioning we have the power to reverse it There are markets which accept your way of working and that is where growth potential lies
Thank you Q / A Contact: trpakistan@alvazarat.org
