Popezera mpata chiŵerengero (popezera mpata ndalama)

Aliyense kampani akufuna kuonjezera msika gawo. Mu ndondomeko ya mapangidwe ndi chitukuko kampani amalenga ndi chimamangirira likulu yake. Ndi nthawi kudumphira kukula kapena kuyamba-mmwamba cha madera atsopano ndi kukopa likulu lina. Kwa chuma masiku ano ndi bwino anayamba gawo banki ndi mabungwe katundu kuti muwone ku likulu ngongole si wovuta.

Chiphunzitso cha muyezo wa likulu

Ngati ndalama ngongole n'kofunika phe, kapena mukukwaniritsa anapanga malipiro ndi cholinga. Ananyema izo, inu mukhoza kutenga kuchepetsa kwambiri mlingo wa chitukuko ndi kuwonongeka zizindikiro zonse.

Malinga ndi chiphunzitso cha Modigliani-Miller, pamaso pa anthu ena likulu ngongoleyo dongosolo okwana likulu, amene ali kampani lipindulitsa pa pano ndi mtsogolo chitukuko cha kampani. Anabwereka ndalama pa utumiki mtengo wololera zimathandiza kutsogolera iwo malo zingamuthandize, mu nkhani iyi, ndalama multiplier zotsatira ntchito pamene munthu ophatikizidwa wagawo mudzapeza ankapoperamo owonjezera.

Koma ngati pali chiwerengero mkulu wa ndalama za kampani anabwereka simungathe kukumana ake ngongole onse mkati ndi kunja ndi kuwonjezeka kuchuluka kwa mathandizidwe ngongole.

Choncho, cholinga chachikulu cha kampani, kukopa likulu lachitatu chipani, kuwerengera chiŵerengero mulingo woyenera kwambiri popezera mpata chuma ndi kulenga bwino mu angamulambirire likulu. Izi ndi zofunika kwambiri.

popezera mpata Financial (ndi chokhethemulira), kutanthauzira

popezera mpata chiŵerengero ndi chiŵerengero pakati likulu zikupezeka kampani: yake kukabwereka. Kumvetsa, n'zotheka ndi njira ina zopanga tanthawuzo. popezera mpata chiŵerengero - chiopsezo chizindikiro, zimafunika pa kampaniyo, kupanga dongosolo enieni magwero a ndalama, ndiyo ntchito monga iwo onse omwe kukabwereka ndalama.

Kuti timvetse mawu "popezera mpata" - Chingelezi, kutanthauza pomasulira "ndalezo", kawirikawiri mkono ndalama otchedwa "popezera mpata chuma". Nkofunika kumvetsa izi ndi kusaganiza kuti mawu awa ali osiyana.

"Paphewa" zigawo

popezera mpata chiŵerengero amaganizira zigawo zingapo, zimene zidzakhudza mlingo wake ndi zotsatira. Ena mwa iwo:

1. Misonkho, womwe ndi katundu msonkho pa kampani pogwira ntchito yake. Tax mitengo zakonzedwa ndi boma, kotero kampani pa nkhani imeneyi akhoza kusintha mlingo wa amachotsera msonkho kokha chifukwa kusintha ankhanza msonkho anasankha.
2. Chizindikiro cha popezera mpata ndalama. chiŵerengero Izi ndalama anabwereka nawo. Ngakhale chithunzi ichi tikathe kupereka lingaliro yoyamba ya mtengo wa likulu anamuukitsa.
3. Masiyanidwe ndalama popezera mpata. Komanso, index ofananira, ozikidwa pa kusiyana kwa profitability wa chuma ndi chidwi, zomwe linaperekedwa kwa ngongole atengedwa.

Dongosolo la popezera mpata ndalama

Kuwerengetsa popezera mpata chiŵerengero, njira ndi wosavuta, motere.

The ndalezo dzanja = Mtengo wa ngongole likulu / mtengo kusasiyana

Koyamba, bwino ndi losavuta. Ndondomeko ikusonyeza kuti mapewa a popezera mpata chiŵerengero ndalama - chiŵerengero cha ngongole chilungamo.

Popezera mpata zotsatira ndalama popezera mpata

Popezera mpata (chuma) kugwirizana ndi ngongole ya ndalama, amene umalimbana chitukuko cha kampani, ndipo profitability. KUFOTOKOZERA dongosolo likulu ndi kupeza chiŵerengero, mwachitsanzo, ndi kuwerengetsa ndi gearing chiŵerengero, chilinganizo cha muyezo wa chomwe chili, akhoza imawunikidwa dzuwa likulu (i.e., ROI).

phewa zotsatira wakusamalira mmene kusintha mphamvu ya chilungamo ma sheya hoda 'chifukwa chakuti panali okhudzidwa likulu zakunja zolowa kampani. pali nkhani yabodza zina zimene amaganizira index masamu pamwamba kuwerengera zotsatira.

Kusiyanitsa pakati pa zabwino ndi zoipa popezera mpata ndalama.

The choyamba - pamene kusiyana pakati pa kubwerera pa likulu okwana pambuyo analipira msonkho onse, kuposa chiwongola dzanja kwa ngongole mopepuka. Ngati mmene amkulira ziro, kuti ndi zabwino, kuwonjezeka popezera mpata yopindulitsa ndipo angathe kukopa ngongole zina.

Ngati mmene ali ndi "opanda" chizindikiro, ndiye muyenera amayesetsa kupewa imfa.

American ndi European kutanthauzira mmene popezera mpata

kutanthauzira awiri popezera mpata zotsatira chimene maziko amatsimikiza kunadetsa n'komwe mu mawerengedwe a. Izi ndi zina mwa mudziwe zambiri za mmene popezera mpata chiŵerengero limasonyeza kuchuluka kwa chikoka pa Zotsatira za chuma.

American chitsanzo kapena lingaliro moganizira popezera mpata chuma phindu ndi phindu ukonde pambuyo kampani analandira ndalama zonse msonkho. chitsanzo ichi amaganizira chigawo msonkho.

Lingaliro European zachokera ntchito imayenera likulu yobwereka. Kali zotsatira za ntchito ya likulu chilungamo ndi poyerekeza ndi zotsatira zokhudza likulu yobwereka. M'mawu ena, lingaliro zachokera pa ziyenera wa profitability a mtundu uliwonse wa likulu.

Pomaliza

gulu lirilonse Cholinga kukwaniritsa osachepera yopuma-ngakhale mfundo, ndi monga pazipita ndi - kukwaniritsa kuchuluka profitability. Pakuti kuzindikira zolinga zonse sikuti nthawi zonse chilungamo zokwanira. makampani kwambiri ayamba pobwereka chitukuko. Nkofunika phe, kapena chilungamo ndi anakopeka. Ndi kuona ngati nthawi yapano, muyezo kulemekezedwa ndi ntchito muyeso wa popezera mpata ndalama. Izi zimathandiza kudziwa mmene pano likulu dongosolo limakupatsani ntchito ndi akutenga ndalama zina.