In severe constraints of an economic crisis for any company important as much as possible precisely to plan and to dispose rationally of the budget not to become hostages of financial deficiency. Some simple and conclusive rules L. Ron Hubbard in the doctrine offers.
News
L. Ron Hubbard gives following definition to money ?money are, mainly, trust?. And after all actually, money is only pieces of paper. It would be possible to carry out an exchange on barter, but it would be inconvenient, therefore and money is used. When money depreciates, we cease to trust them. L. Ron Hubbard speaks, as credit status is too trust. The accounts department which ineptly addresses with money spoils credit status of the organization. Insolvency is the reason of bad credit status, rather than simply inept reference with the finance much less often.
Financial Times
Sometimes, in the organization, there can be such situation when the bad income and nothing to pay but if the accounts department competently disposed before of money, i.e. correctly and in time paid accounts the trust to this organization will still remain. In this occasion L. Ron Hubbard has one very powerful rule how the organization should spend money: You can have many money and awful credit status. You can have few money and magnificent credit status. Hence, the statement ?at us the low income, and consequently our credit status bad? – lie.
The trust to the finance should be unconditional. The first rule for the organization is that it ?has no right to spend more than she earns?. It is possible to do weekly financial planning, i.e. to look, how many money has earned, how many it is possible to spend. The second, on what L. Ron Hubbard pays attention is ? earn so much money, how many you in a condition to earn and spend less, than earn?, and also ?be convinced that all income is credited and put into the bank account?. Further Hubbard speaks: ?provide, that no not authorized acquisitions could be made neither heads, nor employees?. When the organization cannot consider the expenses, the chaos begins.
To important data speed on a line of incomes still is. The company should be opened, when money comes, start up even the small sum, but are thus strictly closed on leaving of money, opening only during strictly certain time, thus, it is possible to carry out the control.
Hubbard allocates some the main secrets of solvency.
In a condition of crisis presence of such “pillow” especially actually. If the company saves money, it will be protected. When it will be made, the organization will feel more confident. It is important to keep excellent credit status; it will serve as second “pillow”.
Hot news
Besides reserves which should be, it is necessary also trust. Refuse idea to spend money from reserves. Instead earn more money for a case of force majeure. Put money somewhere, whence to get them quickly not probably. Financial planning and the work control – work of one person also becomes often contrary to group requirements. Always there should be one person who pledges last word. Operating the finance exists in the organization not to buy the popularity at the expense of funds, and to carry out competent financial planning.
If to follow these simple rules credit status at the organization will be very high. Especially in crisis when at many companies incomes decrease, and they already have got used to concern money negligently. The company should adjust the rigid financial control, and start to postpone in reserves.
Hubbard asserts, that the organization will spend exactly that money which she will earn, therefore the managing director should contrive and save money always in a reserve and say, that they are already spent, and only in this case, the organization will start to work and bring more money.