Any Takers

II. Explain two economic and market forces that will impact the financial plan of this company.

A. Economic Forces

1. Interest rate

2. Employment

3. Rate of inflation

B. Market Forces

1. Changes in customer needs and wants

2. New competitors and mergers

3. The Invisible Hand

1. Doyne J. Farmer

a. Long term and short term trends

b. Price dynamics

2. D.C. Colander

a. Supply and demand

b. Different market structures

III. Recommend a cash management strategy for this company that will minimize the cash flows and financing cost.

A. Cash inflows

1. Investments of shareholders

2. Receipt of goods or services from your customers

B. Cash outflows

1. Purchase of stock, raw materials and other tools

2. Freights, wages, rents and other daily expenses

C. Reduce finance cost

1. Review the interest rates on your business loans

2. Review your business credit card

IV. Conclusion