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how does a finance manager increase the possibility on profits or reduce losses?

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Question added by khaled motawea , Director of Finance , Admin Manager , Dukes Patisserie , Tea Lounge & Restaurants
Date Posted: 2013/05/04
Ezzidin Ibrahim
by Ezzidin Ibrahim , Financial Controller , Karim Food Industries

1- By using the SWOT analysis, finance manager can highlight the strengths, weaknesses, opportunities and threat. Its possible to determine where the company may increase profit margin and where expenses may be contains.

2- By determining the value added activities, by which the non value added activities must be reduced or eliminated, thus reducing expenses and improve profitability.

   

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