10 Years IMPROVED – Future IMPROVED

2023 was a particularly important year for IMPROVED Corporate Finance.10th anniversaryIt was the moon. Over the past 10 years, I am very proud to have the opportunity to form a partnership with many excellent entrepreneur management teams, industry experts, and investors in technology, energy and mobility eco systems. Masu.

We are to celebrate and commemorate this important milestone. "Future Improudi"In each month of 2023, the next 10 years are viewed, and the responsible entrepreneur spirit, investment, and development share knowledge of how we can give a positive impact on society. I planned an initiative.

Before the main event in September, the outline of the initiative for each month is as follows.

We invite you as a member of the Future IMPROVED program and look forward to your opinions and impressions. Please subscribe to the LinkedIn page and the IMPROVED newsletter, follow and interact with Future IMPROVED's initiatives and presentations.

September 10th: Economist Impact Blog Series – Climate change and innovation

We will deliver the final episode of the joint blog series with the EL STUDIOS (Economist Impact Custom Content Division). This series invites young entrepreneurs and pioneers to share their views on climate change and innovation.

This month

• Alexandra Harbor, climate change investor, venture Climate Alliance founder and chairman.
• Megan Reist, the founder and CEO of the "GEN Z VCS" community for Z-generation innovators in technology and venture capital

Please let us know your opinion. See Linkedin for your blog notice.

Also, on September 14th, IMPROVED's 10th anniversary event "Future IMPROVED" will be held. Please participate in this virtual event.

August 10th: ToBeIMPROVED Initiative

This month, we will introduce TOBEIMPROVED Initiative, which has been supporting five years ago.

Through this initiative, IMPROVED contributes to the development of local education centers in Ghana. In this education center, children and young generations can access a wide range of resources, and 30 young professionals can receive aggressive guidance to become digital marketers.

As part of the Future IMPROVED initiative, our colleague Nicola Magnus recently visited the project to see first-hand the impact it has had (and will continue to have) on the students and the local community. The focus of the initiative is to help young students discover their talents and self-reliance, learn how to deal with change (i. e. innovation) and inspire the local community to build the future.

Click here to see the highlight video, the full testimonials from alumni and ambassadors, and find out more about the initiative and our visit.

July 10th: Summer Knowledge Recommendations

With summer upon us in the Northern Hemisphere, many people will be taking some (well-deserved) time off to enjoy family and friends and rejuvenate.

In line with our Future IMPROVED efforts, our team has compiled 10 valuable resources to further explore the key innovation and investment opportunities over the next decade;

• Introduction to Climate Tech by Eurazeo
• Investing in the Age of Climate Change by Professor Bruce Asher
• Decarbonization Strategies presentations and publications by Nat Bullard
• BetweenBrains, an excellent book on the transformative impact of AI on society by Omar Khatamreh
• A great podcast on climate innovation and investment by Shayle Kann of Energy Impact Partners
• Newsletter on climate tech by Net Zero Insights and CTVC

You can find the full list of recommendations here;

We hope you all have a great summer!

June 10th: Economist Impact Blog Series – Mobility

We are bringing you the latest from our blog collaboration with El Studios / Economist Impact. In this series, we invite young industry leaders and innovators to share their thoughts on sustainable transportation and e-mobility.

This month

• Luis Santiago Pinto (EV Co-founder and CEO of Powerdot, a leading charging solutions company
• Sam Ryan, CEO and co-founder of Zeelo, a smart bus platform
• Shashank Sripad, co-founder of And Battery Aero, an aircraft battery supplier

Also, follow us on LinkedIn for our 10th anniversary blog announcement and other initiatives.

May 10th: Economist Impact Blog Series – Energy

In partnership with El Studios / Economist Impact, we present the latest selection of our impactful blog series, where talented young entrepreneurs share their key insights on energy solutions.

This month,

• Dr. MAREK KUBIK (Energy Store Reading Company Fluence Founding Members and Management Director
• Anurag Kamal & Amp; Folasade "FOLA" AYOOLA, ELECTRICFISH c o-founder of ELECTRICFISH
• Cristov Birkuru (Battery Management Technology Company Brill Power C o-founder

These innovators are moving forward through work for a more sustainable future. We recommend that you read their impressive stories and share their impressions.

Also, if you subscribe to an IMPROVED newsletter and follow it with Linkedin, you can see the latest information on all IMPROVED initiatives as part of the 10th anniversary commemoration.

April 10th: Kick-off Economist Impact Blog Series – Technology

IMPROVED and EL Studios (Economist Impact Custom Content Division) have partnered to create a blog series with (climate) tech, energy and mobility at the forefront of the most advanced mobility, piononia, and investors. 。

In the blog series, young leaders in the industry focus on sustainable technologies and climate change technology, and talk about the major innovation and investment opportunities over the next few decades.

This month

• Anima Ananda Kumar (NVIDIA AI Research Senior Director, Professor Buren, California Institute of Technology
• George Wade, a c o-founder of ZEVERO, a decarbonate software company

Check your blog news on our Linkedin page and share your thoughts in comments.

Anima Anandand Kumar George Wade

March 10th: Kick-off Economist Impact Initiative

This month, Economist Impact will launch an initiative of research and thoughts with the support of IMPROVED. In this initiative, we explore the investment gap between climate change technology and sustainability goals, and consider the groundbreaking innovation required from the new generation's perspective to achieve the carbon native economy by 2050. do.

Something full of insights should reach your (physical) mailbox. If you can't read it, please contact Future@ Improvedcf. com by e-mail.

Also, please let us know your opinion on Linkedin.

February 10th: Interview with Professor Bruce Usher

In February, our management partner Frank Felbique talked to Blues Ascher, professor and facartty director of the University of Colombia University, and discussed his important themes in his latest books: "Climate. Investment in the fluctuation era.

Despite the great challenges, IMPROVED has been optimistic about the future because of the important innovation and investment opportunities caused by climate change.

Bruce's extensive knowledge and experience in economics, sustainability and climate change tech investments will spark impactful discussions and further accelerate the transition to a carbon neutral economy for future generations.

Watch the video and share your thoughts on LinkedIn. Bruce's book will be awarded to the best contributor!

January 10th: Future IMPROVED Kick-off

As we kick off Future IMPROVED, we would like to reflect on the key achievements of the past decade and, more importantly, share a message about the opportunities and actions that lie ahead.

The IMPROVED team is excited to celebrate with you and create optimal impact.

On behalf of the global IMPROVED team, we sincerely thank you for your cooperation to date and in the future!

8 Key Strategies to Turn Around Your Business and Improve Financial Performance

The economy is tough! Demand is low, costs are high, and interest rates are soaring. Many companies are facing extreme challenges to maintain operational efficiency and financial health. You may have worked hard to grow your business for many years and are now trying to develop a financial strategy for business recovery, resilience and growth success.

Trying to get a struggling business back on track can undoubtedly be stressful, but taking action today to turn things around can set you up for future success. If your business is in the doldrums, consider these eight key financial strategies for business turnaround to tighten your belt, increase efficiency, smooth cash flow, and improve access to needed working capital.

Financial strategies for business #1:

Improve Cost Efficiency

Cutting costs is one of the quickest financial strategies for companies to improve performance. Here are some ideas:

• Renegotiate contracts with suppliers. As with loans, entering into long-term contracts with vendors may give you the opportunity to negotiate lower prices per month. Also ask about early payment discounts that can shave a few percentage points off your overall invoice. Another tactic to consider is putting vendor contracts out to bid periodically to ensure you get the best possible price. Vendors with long-standing contracts can become complacent over time, and the bidding process is an easy way to encourage suppliers to sharpen their pencils.
• These financial strategies for business cost reduction can have a significant positive impact on your cash flow and the overall financial health of your business.

Financial strategies for business #2:

Eliminate duplication. Repeated tasks can lead to employee frustration, and having multiple employees performing duplicate tasks can also reduce operational efficiency. Evaluating whether upgrading your technology can reduce redundant work and accelerate automated processes is crucial to optimizing your business's financial strategy. Update (or Create) Your Cash Flow Forecast

Identifying gaps in your cash flow is essential to boosting the financial health of your business. Employing a cash flow forecast can pinpoint these gaps and forecast future cash inflows, supporting an effective financial strategy for business growth.

The ultimate goal is to create predictable cash flows and plan your accounts payable schedule.

Invoice factoring is one way to achieve fast, reliable, and predictable cash flow. This flexible funding strategy facilitates an easy funding process that is beneficial for turning your accounts receivable invoices into cash instantly and enhancing your business's financial strategy.

Simple Funding Process

• Invoices are submitted to a factoring company.
• Invoices are submitted to a factoring company, who verify delivery of goods or services against supporting documentation.
• An advance of up to 95% of the invoice face value, less a small fee, is paid 24 hours after the invoice is submitted. The invoice is credited within hours.
• The remaining balance (reserve) is held until the client pays the factor the full amount of the invoice. The reserve is then released and credited to the business's account.

Because you use existing invoices as collateral, it's quick and easy to qualify for invoice factoring if you're dealing with a creditworthy customer.

Financial strategies for business #3:

Increase Revenue

One surefire way to improve your financial health is to increase revenue. Here are some ideas:

• Increase sales to existing customers. Many businesses overlook financial strategies to increase sales to existing customers. Every time an existing customer makes a purchase, consider whether cross-selling or up-selling is a valid tactic. The best thing about this strategy is that it's usually faster and cheaper to engage existing customers about buying more from your business.
• Find new customers. Build a sales funnel and create a consistent flow of prospects throughout the year. By switching to a new paid customer at a small percentage of these leads, the profit and loss statement will add a top line revenue to help you offset the normal customer reduction process. This approach is indispensable for implementing an effective financial strategy of business and ensuring sustainable growth and profitability.

Financial strategies for business #4:

Utilization of assets

If you buy expensive equipment in business, it is expected that your investment will contribute to revenue. The asset utilization rate is an index for measuring how efficiently you use assets and how much value you can get from assets. For example, a shift of 8 hours a day to operate a machine in full time three times will increase the asset usage than to stop the machine between normal work. The higher the asset utilization rate, the higher the efficiency and the higher the profit margin.

Another effective way to bring out value from assets is to take advantage of financial strategies for business, such as equipment reinance. By utilizing the capital value of operating facilities such as CNC machines and heavy equipment, you can quickly use capital to improve the financial status of companies.

Financial strategies for business #5:

Reduction of debt

If there are too many debt on the balance sheet, the bottom line in the profit and loss statement may be squeezed. Reducing debt reduces the interest paid and the monthly repayment, which will lead to net income and the overall cash flow.

There are many business financial strategies to reduce debt. Furthermore, if you need additional business funds without debt, consider the advantages of invoice factoring, as described in the 2nd strategy. Invoice factoring is based on the sale of assets and does not secure assets. As a result, there is no additional debt.

Financial strategies for business #6:

Transfer to a flexible financing structure < Span> Find new customers. Build a sales funnel and create a consistent flow of prospects throughout the year. By switching to a new paid customer at a small percentage of these leads, the profit and loss statement will add a top line revenue to help you offset the normal customer reduction process. This approach is indispensable for implementing an effective financial strategy of business and ensuring sustainable growth and profitability.

Utilization of assets

If you buy expensive equipment in business, it is expected that your investment will contribute to revenue. The asset utilization rate is an index for measuring how efficiently you use assets and how much value you can get from assets. For example, a shift of 8 hours a day to operate a machine in full time three times will increase the asset usage than to stop the machine between normal work. The higher the asset utilization rate, the higher the efficiency and the higher the profit margin.

• Another effective way to bring out value from assets is to take advantage of financial strategies for business, such as equipment reinance. By utilizing the capital value of operating facilities such as CNC machines and heavy equipment, you can quickly use capital to improve the financial status of companies.
• Reduction of debt
• If there are too many debt on the balance sheet, the bottom line in the profit and loss statement may be squeezed. Reducing debt reduces the interest paid and the monthly repayment, which will lead to net income and the overall cash flow.
• There are many business financial strategies to reduce debt. Furthermore, if you need additional business funds without debt, consider the advantages of invoice factoring, as described in the 2nd strategy. Invoice factoring is based on the sale of assets and does not secure assets. As a result, there is no additional debt.
• Find new customers to a flexible funding structure. Build a sales funnel and create a consistent flow of prospects throughout the year. By switching to a new paid customer at a small percentage of these leads, the profit and loss statement will add a top line revenue to help you offset the normal customer reduction process. This approach is indispensable for implementing an effective financial strategy of business and ensuring sustainable growth and profitability.

Financial strategies for business #7:

Utilization of assets

If you buy expensive equipment in business, it is expected that your investment will contribute to revenue. The asset utilization rate is an index for measuring how efficiently you use assets and how much value you can get from assets. For example, a shift of 8 hours a day to operate a machine in full time three times will increase the asset usage than to stop the machine between normal work. The higher the asset utilization rate, the higher the efficiency and the higher the profit margin.

Financial strategies for business #8:

Another effective way to bring out value from assets is to take advantage of financial strategies for business, such as equipment reinance. By utilizing the capital value of operating facilities such as CNC machines and heavy equipment, you can quickly use capital to improve the financial status of companies.

Reduction of debt

If there are too many debt on the balance sheet, the bottom line in the profit and loss statement may be squeezed. Reducing debt reduces the interest paid and the monthly repayment, which will lead to net income and the overall cash flow.

There are many business financial strategies to reduce debt. Furthermore, if you need additional business funds without debt, consider the advantages of invoice factoring, as described in the 2nd strategy. Invoice factoring is based on the sale of assets and does not secure assets. As a result, there is no additional debt.

Conclusion

Transition to a flexible financing structure

Many of the traditional loans have strict compliance rules, and if they do not follow this, there is a risk of violating the debt of the loan. The financial strategy for business rehabilitation includes the transition to an alternative loan option to realize a more flexible financing structure. This strategy enhances business agility and responds to changes in economic conditions. Alternative financial institutions provide specialized financing options that meet your business unique funding needs. The easier screening, the expansion of the loan frame as it grows, and the financing contract of Kobenants Light is only a small part of the alternative finance option.

Here, let's take a closer look at some of the advantages of using flexible financing solutions:

Key Takeaways

• Koben's Light Funding Contract Conventional loan contracts usually include restrictions to protect lenders. These special agreements can hinder business growth by restricting borrowers and limiting access to more credit. An alternative finance option is generally a contract for funding with a small amount of restrictions. As the lender monitoring is minimized, managers can freely make strategic decisio n-making and pursue growth opportunities.
• Expansion of credit frame. Alternative Render can utilize the strengths of assets that have not been used before and use further credit slots. As the business grows, the asset value such as accounts receivable, stock, or tangible and intangible assets increases. The credit limit can be expanded according to the increase in business and asset value.
• Access more capital in multiple ways. With flexible financing, there are many financing options to access the necessary capital. The most used alternative loan options that support financial strategies for business revitalization is the property secured loan and the abov e-mentioned invoice factoring. However, depending on the financial institution that trades, other business funding options, such as refinancing equipment and VISA commercial cards, can be used to enhance access to capital.

Top 10 Financial New Year Resolutions to Boost Productivity in 2024

Limited report obligation. Traditional loans may need to submit reports and authenticated financial statements as a lender proving that your business complies with the contract conditions of the loan. On the other hand, in flexible financing options such as invoice factoring, report requirements are usually limited.

Quick and easy qualification certification. Businesses that hold good assets such as accounts receivable and inventory can quickly and easily qualify for alternative business finance. It can take several months to complete a traditional loan application, while the qualification procedure and the first financing can be arranged in a few days to a few weeks.

Acquisition

1. Reprioritize Tasks with the Eisenhower Matrix

Many companies consider the acquisition as an opportunity to start jumping to a new growth stage. Acquisition can lead to tax incentives and the possibility of capital growth, as well as improving profitability and reducing sales costs. The asset bass loan from the alternative render can help promote this kind of transaction by providing a large amount of cash, up to $ 50 million.

Construction of reward system

• Business regeneration strategies often include restructuring of management. Including and maintaining executiv e-level human resources is an essential element to grow companies. But it costs money.
• The restructuring of management leads to corporate revitalization in the long term, but may be hit major in the short term! To succeed in recruitment and employment maintenance, it is essential to raise recruitment incentives and reward packages. In addition, payment of retirement allowance is required to properly relieve employees from employment contracts.
• Alternative business finance options can access the necessary capital, create stable and predictable cash flows, and support the cost of r e-placing personnel.
• In order to correct the decline in business performance and improve corporate financial status, it is important to formulate and implement an effective financial strategy for business. Reduce costs, improve cash flow, increase revenue, and implement strategies to maximize equipment. In order to support initiatives such as acquisition strategies and management restructuring, take action to reduce debt and move to flexible funding structure. < SPAN> A quick and easy qualification certification. Businesses that hold good assets such as accounts receivable and inventory can quickly and easily qualify for alternative business finance. It can take several months to complete a traditional loan application, while the qualification procedure and the first financing can be arranged in a few days to a few weeks.

2. Streamline Team Activities

Acquisition

Many companies consider the acquisition as an opportunity to start jumping to a new growth stage. Acquisition can lead to tax incentives and the possibility of capital growth, as well as improving profitability and reducing sales costs. The asset bass loan from the alternative render can help promote this kind of transaction by providing a large amount of cash, up to $ 50 million.

Construction of reward system

3. Assess Business Financial Health

Business regeneration strategies often include restructuring of management. Including and maintaining executiv e-level human resources is an essential element to grow companies. But it costs money.

• The restructuring of management leads to corporate revitalization in the long term, but may be hit major in the short term! To succeed in recruitment and employment maintenance, it is essential to raise recruitment incentives and reward packages. In addition, payment of retirement allowance is required to properly relieve employees from employment contracts.
• Alternative business finance options can access the necessary capital, create stable and predictable cash flows, and support the cost of r e-placing personnel.
• In order to correct the decline in business performance and improve corporate financial status, it is important to formulate and implement an effective financial strategy for business. Reduce costs, improve cash flow, increase revenue, and implement strategies to maximize equipment. In order to support initiatives such as acquisition strategies and management restructuring, take action to reduce debt and move to flexible funding structure. Quick and easy qualification certification. Businesses that hold good assets such as accounts receivable and inventory can quickly and easily qualify for alternative business finance. It can take several months to complete a traditional loan application, while the qualification procedure and the first financing can be arranged in a few days to a few weeks.
• Acquisition

Many companies consider the acquisition as an opportunity to start jumping to a new growth stage. Acquisition can lead to tax incentives and the possibility of capital growth, as well as improving profitability and reducing sales costs. The asset bass loan from the alternative render can help promote this kind of transaction by providing a large amount of cash, up to $ 50 million.

Construction of reward system

4. Mitigate Financial Risks

Business regeneration strategies often include restructuring of management. Including and maintaining executiv e-level human resources is an essential element to grow companies. But it costs money.

The restructuring of management leads to corporate revitalization in the long term, but may be hit major in the short term! To succeed in recruitment and employment maintenance, it is essential to raise recruitment incentives and reward packages. In addition, payment of retirement allowance is required to properly relieve employees from employment contracts.

Alternative business finance options can access the necessary capital, create stable and predictable cash flows, and support the cost of r e-placing personnel.

5. Plan Budgets Effectively

In order to correct the decline in business performance and improve corporate financial status, it is important to formulate and implement an effective financial strategy for business. Reduce costs, improve cash flow, increase revenue, and implement strategies to maximize equipment. In order to support initiatives such as acquisition strategies and management restructuring, take action to reduce debt and move to flexible funding structure.

By adapting to the harsh economic situation faced by companies in all industries, agile and resilient companies have found new ways for prosperity and growth. To ensure the biggest success, consult your business advisor or an experienced and wel l-reputed alternative finance company in each industry. Essential knowledge about their products, knowledge, and business financial strategies will help you survive the recession market issues and your business will grow as the economy recovers.

• Please apply for a free consultation now and check what business financial strategies can be drafted to improve your health and business performance.
• Many companies face extreme difficulties to maintain management efficiency and financial soundness.
• If you are suffering from poor business performance, consider the eight major financial strategies for the following business rehabilitation.

6. Improve Accounts Payable Processe s

Talk to your business advisor or experienced reputation in your industry to ensure your maximum success.

Now that 2023 is about to end, it is time to look back on which financial procedures, such as accounts receivable and receivables, will function well and will need to improve.

This allows you to identify the bottleneck and improve the workflow.

7. Optimize Accounts Receivable Processes

With this in mind, we have summarized the 10 financial resolutions that will help you push your business to a new height next year.

Some financial processes accelerate business growth, while others are only wasted. It deprives important duties and has a negative effect on team productivity.

We recommend that you try Eisenhower Matrix to avoid this. This method helps task priority based on urgency and importance:

8. Manage Taxes Strategically

The most important tasks must be done immediately.

The most important tasks must be executed immediately.

Urgent but important tasks are left to the team.

What is not important or urgent is not to do it.

9. Follow the best business financial trends

One of the biggest issues for financial leaders is to track team performance. In the manual process, this often leads to microma management and makes employees feel that they are not trusted.

With the help of automated software, it can solve this problem, streamline team activities, and increase business productivity.

• For example, PeakFlo offers a concentrated workspace for managers to access team activity reports, create financial workflows, and send unresolved tasks.
• Another important thing as a New Year's aspirations is to evaluate the soundness of the finances. This process will help you identify the issues you need to worry about and make a better plan for next year. If you don't know what to start with, follow the checklist below:
• Surveilling cash flow s-Is your business profitable? Or is it a deficit?

10. Automate your financial work

Calate the accounts receivable and accounts payable to confirm that there is no mismatch.

Know the debt and pay as soon as possible.

• Manage credit scores and tax planning.
• What is regular payment to read, and how can the process can rationalize by automation?
• If the financial situation is good, you will be ready to cover your business expenses and invest in your company's further growth.

What the COVID-19 trend taught us is that crisis can always occur. Therefore, it is essential to prepare the financial status in preparation for unknown situations.

To do so, plan a budget for emergency funds, set the upper limit on expenditures, and record business expenses.

Furthermore, by giving each category with its own credit card, transactions can be more effective. In this way, you can minimize mistakes at the end of the month and the end of the month.