We started a few months of our work business support for the closure of financial statements for the year 2009, and except in special cases, analysis of budgets leads to conclusions even before the expected closing. Reduced turnover accompanied by a reduction in operating margins.
Increased days of collection and payment.
Increase credits.
Trends in operating working abnormally.
operating loss which in some cases needed to cover the measures required by law.
Nothing new, although we found that many companies are aware of the economic environment, have reduced and mitigated the negative impact due to the time.
fact a substantial portion thereof, has decided to revise its cost of production, testing with simulations of the new scenario, building with our help a new mapping of cost control.
Other companies with good margins, through appropriate financial plans short, have redrawn the map of your financial needs, acting on time with the banks and negotiate new ways of borrowing money.
Still others, with development projects in progress, and with banks that do not accompany them, chose the way of financing with equity capital, to overcome the lack of liquidity of the banking system.
In short, the common denominator of these companies has been to choose a strategy, certainly new and perhaps more structured than in the past, while continuing to invest and ingenious in overcoming this "ford" in an appropriate manner.
