Generating cash for growth
A MFI Furniture Group case study

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Page 7: Conclusion

The story of how MFI now manages its finances helps it grow. The best way of growing a business is through profits generated through successful trading. Delighting customers provides high levels of turnover. At the same time, generating finance internally removes the cost of borrowing money - interest payments. Other forms of financial efficiency e.g. making your fixed assets work harder, reducing stock, reducing debtors and negotiating better supply terms - all help to deliver growth for a company. It is having the cash to work your business that drives the success story: cash is king.

MFI Furniture Group | Generating cash for growth