Iko kukosha kwekambani?
Bhizinesi rako rakakosha chii? Kana iwe uchida kuwana, kutengesa, kana kungoziva kuti kambani yako irikuita sei, zvinobatsira kuziva mhinduro kumubvunzo uyu. Mushure mezvose, kunyangwe kukosha kwekambani kusiri kwakaenzana nemutengo wekupedzisira unobhadharwa chaizvo, ndiko kutanga kwekutaurirana nezve mutengo iwoyo. Asi unosvika sei pamhinduro kumubvunzo uyu? Kune nzira dzinoverengeka dzakasiyana. Nzira huru dzinokurukurwa pazasi.
Kugadziriswa kweiyo net aseti kukosha
Hukoshi hwemari yeasethi kukosha kweiyo kambani uye inogona kuverengerwa nekubvisa kukosha kwezvinhu zvese, senge zvivakwa, michina, zvigadzirwa nemari, kubvisa zvikwereti zvese, kana zvikwereti. Zvichienderana nekuverenga uku, zvinogona kutariswa kuti kambani inonyanya kukosha chii izvozvi. Zvakadaro, iyi nzira yekukoshesa haisi nguva dzose inopa mufananidzo wakakwana. Mushure mezvose, iyo inogara ichichinja-chinja bharari ndiyo hwaro hweiyo intrinsic valuation.
Pamusoro pezvo, bheji remari rekambani harigaro sanganisira zvinhu zvese, senge ruzivo, zvibvumirano uye mhando yevashandi, uye harigare richisanganisira zvikwereti zvemari zvakaita sezvibvumirano zvekurojesa uye zvekurenda. Iyi nzira saka ingori snapshot isingatauri chimwe chinhu pamusoro pekufambira mberi kwekare kana maonero emangwana ekambani.
Kufunga kweiyo purofiti kukosha
Iko kukosha kwebatsiro imwe nzira iyo kukosha kwekambani kunogona kutsanangurwa. Kupesana nenzira yapfuura, iyi nzira yekuverenga inoita nezve (chikamu chebatsiro mu) ramangwana. Kuti uone kukosha kwekambani yako uchishandisa nzira iyi, unofanira kutanga waona chikamu chebatsiro ndokuzo iyo mhindu inodiwa. Iwe unosarudza iyo purofiti chikamu pahwaro hweiyo mambure purofiti yekambani, uchifunga nezve purofiti yekuvandudza munguva yakapfuura uye zvinotarisirwa mune ramangwana.
Ipapo iwe unogovanisa purofiti neinodiwa kudzoka pane equity. Ichi chinodiwa chekudzoka chinowanzoenderana nechimbadzo chekudyara kwenguva refu-isina njodzi pamwe nekuwedzera kune chikamu uye njodzi yebhizinesi. Mukuita, nzira iyi inonyanya kushandiswa. Kunyange zvakadaro, nzira iyi haitore nhoroondo yakakwana yehurongwa hwemari hwekambani uye kuvapo kwezvimwe zvinhu. Uyezve, nenzira iyi, njodzi yekudyara haigone kuparadzaniswa nenjodzi yemari.
Yakadzikiswa nzira yekuyerera kwemari
Mufananidzo wakanakisa wekukosha kwekambani unowanikwa nekuverenga uchishandisa nzira inotevera, inonziwo nzira yeDFC. Mushure mezvose, iyo DFC nzira yakavakirwa pamari inoyerera uye inotarisa kusimudzira kwavo mune ramangwana. Pfungwa iripo ndeyekuti kambani inongokwanisa kuzadzisa zvisungo zvayo kana mari yakakwana ikapinda uye kuti zvakabuda kare hazvisi vimbiso yeramangwana. Ndokusaka mabhangi achiisawo kukosha kukuru pakukosheswa kwekambani zvinoenderana neiyi nzira yeDFC.
Zvisinei, kukosha maererano nenzira iyi kwakaoma. Kuti ugadzire mufananidzo wakanaka wepurofiti yaungaite nekambani mune ramangwana, zvakakosha kuti utarise mafambiro emari emangwana. Mushure meizvozvo, iyo iri kuuya mari inoyerera inofanirwa kugadziriswa nemari inobuda. Chekupedzisira, nerubatsiro rweWeight Average Cost of Capital (WACC), mhedzisiro inoderedzwa uye kukosha kwekambani kunotevera.
Pamusoro penzira nhatu dzakakurukurwa kuitira kuona kukosha kwekambani. Tichidzokera kumubvunzo wenhanganyaya, mhinduro yawo haina kujeka. Uyezve, imwe neimwe nzira inotungamira kune imwe mhedzisiro yekupedzisira. Apo imwe nzira inongotarisa mufananidzo uye inoona kuti kambani inokosha miriyoni, imwe nzira inotarisa zvikuru kune ramangwana uye inotarisira kuti kambani imwe chete inokoshesa miriyoni imwe nehafu. Zvinoita sezvine musoro kusarudza nzira ine kukosha kwepamusoro.
Nekudaro, iyi haisi iyo nguva dzose nzira yakanakisa yekambani yako uye kukosha kwacho kunogadzirwa-kunoitwa kazhinji. Ndosaka zviri hungwaru kubata nyanzvi uye kuwana zano pamusoro pechinzvimbo chako chepamutemo usati wapinda mukutenga kana kutengesa maitiro. Law & More's magweta inyanzvi mundima yemakambani mutemo uye vanofara kukupa zano asiwo nemhando dzese dzerumwe rubatsiro panguva yako, sekunyora uye kuongorora zvibvumirano, kushingaira kwakakodzera uye kutora chikamu munhaurirano.