Fin 534 week 5 homework chapter 9
1. Increase the efficiency of operations and reduce operating costs.
2. Invest in technology to increase productivity and lower labor costs.
3. Expand existing markets and create new ones to increase profit margins.
4. Diversify into other product lines or services that could generate additional revenue streams for the company.
5. Pursue business partnerships, joint ventures, or strategic alliances that could bring in additional capital without issuing new common stock.
6. Utilize retained earnings to finance expansion plans instead of issuing new common stock where possible.