Business Information

Take advantage of existing facilities one of the things we can do in managing finances is to utilize existing facilities. We can use the facilities such as: loan offices with subsidies, bank loans and credit card facilities. Not always the loan would be bad for us, provided we manage cash flow well then loan it will benefit us. Loan offices with subsidies provided by the office, would be beneficial for employees because there is an injection of fresh funds. But the thing to remember, money is a loan that must be returned, while subsidies provided additional funds that actually cheaper for us.

Likewise with credit card facilities, we can buy goods at the time there are promotions installments with 0% interest granted by the credit card issuer. Separate accounts and make payments on time, we need to separate the accounts for routine expenditures and savings. This is part of the manage cash flow. Use the appropriate allocation account.

And do not forget. We are scheduled regular payment using the account for expenditure. Do not delay payment, as this will become a habit and eventually we become disobedient to our obligations. All text above is a routine we used to do every month and not hard to do.

Merger, consolidation, acquisition is a very common practice for the companies to win the competition and continue to grow and develop. The motivations that encourage the banks to do merger, such as:

a) provide the opportunity to operate in an efficient scale,

b) In order to increase market share,

c) Eliminating inefficient through a better operational and financial control,

d) the opportunity to combine the resources or markets that owned by each bank.

Besides that, there are other several factors that motivate the merger, such as: diversification, reduce cost, and for emotionally raise the stock prices (bootstrapping of earnings per share) due to the merger announcement for the public bank.

Merger is one of the best options to strengthen the business foundation as long as the merger can provide synergy. Sutan Remy Syahdeini in a paper that entitled “Merger, Consolidation and Acquisition of Banks” gives definition about merger or business merging: a merger of two banks or more by retaining one bank and liquidating the other banks. It is important to make a successful merger projection before the merger done legally. The stages begin with the due diligence on the companies that will be consolidated. The assessment is conducted on the synergy, especially on operational synergy and financial synergy.

Operational synergy, usually by comparing each company resources, including: Vision, Mission and Objectives, strategic planning, Human Resources, network, market share, Information Technology, and the working culture.

In the middle of the situation where the definition of the industry has become less clear and rapid development of information which is followed by globalization that is caused competition towards the one thing that is called “chaos“, requires the companies to always be anticipated in the financial decisions in order to continue to exist in the market which has entered in phase of turbulence.

In monitoring the effectiveness of alternative choices of business strategy, it is necessary to have a management tool that is able to monitor its productivity. If you are part of the company which is involved in the evaluation of the company’s policies then this training is appropriate to refresh and updating your knowledge and understanding.

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To obtain a clear picture about company’s financial developments, it needs to conduct an analysis or interpretation on the financial data of the relevant companies, where its financial data was reflected on the financial statements. The measure that is often used in financial analysis is ratio. Financial report is made so it can be use as an important utility for analyzing the company’s economic health.

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