Thursday, September 26, 2019
Strategic Financial Management Coursework Example | Topics and Well Written Essays - 2000 words
Strategic Financial Management - Coursework Example In the recent past, Wetherspoons plc has become famous in converting the large and unconventional residential premises into pubs. According to the set pub standards in Britain, premises often tend to be large, using open plan layouts, which Wetherspoons has devoted to follow. The success of the company has seen it being quoted on the Stock Exchange in London becoming an active component of FTSE 250 index on the stock exchange. In the recent past, Wetherspoons has started giving support to cask ale at the time it has deemed it unfashionable to do it, something that has established it as the largest in terms being the single purchaser from the microbreweries in the United Kingdom (Martin 2012, 8). This paper examines the financial performance of Wetherspoons Company, analyzing its rations from the perspective of the investor. One of the things that make most companies successful is the fact that they have effective and successful financial management platform. Proper financial management is very important to companies and other kinds of business organisations as it helps to illustrate the accountability plans that the business soften has. It is this kind of accountability which financiers and other investors use in determining the net worth of the business for additional investments. For this reason, any business that is determined to make profits and expand its boundaries has to ensure that it creates sound financial management systems. This is actually one of the things that have Wetherspoons Company manage its growth and expansion, reaching its current form, having almost a thousand outlets with plans to increase its market share (Woodger 2010, 9). Investors are the most important people in the growth and success of any business; they always give their money and resources to the business in the expectation that the business will be profitable for them to get their expected returns in
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