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Turnaround is possible for all Business Entity

Turnaround of loss-making business entity into profit – making business entity requires prudence in financial management. Prudential management requires that the business entity is to percolate down ROI to the bottom level of the business entity. This can happen if the activities of all the people of the business entity result outflow of cash which results inflow of cash and the difference between the inflow and outflow is more that the time value of money. Moreover, financial management in a prudent manner is also required to retain the turnaround of the business entity on a sustained basis. A short video containing the process for ensuring financial management in a prudent manner is as below.