Subject: As requested, this is a report concerning the matter of optimizing financial situation and to manage financially the expansion in connection with the growing order book

Task 2.
Subject:
As requested, this is a report concerning the matter of optimizing financial situation and to manage financially the expansion in connection with the growing order book.
Extra cash from a tax found, a bonus at work or other sourse should be put toward high-interest debt firts, such as credit card debt. If you have a significant amount of debt, consider putting your extra money toward paying that down or off. “So many individuals carry credit card debt or school loan debt. Using extra cash to pay down debt is a great way to improve your financial future,” says Susan Albrecht.
As your business grows, your business finances become more complex. But with some preparation, an investment in the right tools, and access to financial expertise, you can conquer challenges. One of the most critical objectives is to ensure maximum profits in both the short and long run. A finance manager should consider this on top of his priority list and ensure that outcomes related to business performance are profitable.
Create an emergency fund that you can dip into when unforeseen circumstances strike. Even if your contributions are small, this fund can save you from risky situations in which you’re forced to borrow money at high-interest rates or possibly find yourself unable to pay your bills on time.You should also make general savings contributions to strengthen your financial security in the event of a job loss.
Noncurrent assets are a company's long-term investments for which the full value will not be realized within a year and are typically highly illiquid. Since noncurrent assets have a useful life for a very long time, companies spread their costs over several years. This process helps avoid huge losses during the years when capital expansions occur. These non-current assets generate revenue or benefits for the business into future fiscal periods, but they do not have any physical substance