3 Tools to manage FX risk and enterprise profits.
Many of our clients have exposure to foreign currencies within their yearly business cycle, but do not utilize the array of foreign exchange tools that are available to manage the risk of fluctuating currency values and the profits associated with those risks. Net Exporters hope for a weak Canadian Dollar in order to maximize revenues […]
Cutting costs without sacrificing the future
In times of recession, many companies cut down on costs. But unless you’re facing bankruptcy, cutting costs may come at the cost of sacrificing future sales. For instance, to make the bottom line look better, you could always downsize R&D efforts. This may make the current quarter look more profitable. However, the lack of R&D may […]