Ukubalwa nefuthe loqoqosho namanyathelo acetywayo njengendlela ukujonga ukusebenza mali

Ukubalwa inzuzo yezoqoqosho imisebenzi ecetywayo yenziwe ukuze kumiselwe nokwenzeka-mali yeprojekthi ethile, eli leyo ukwenza inzuzo.

Types of ukusebenza kwezoqoqosho

umsebenzi Investment kufuna utyalo-mali ukuze ingeniso eyongezelelweyo impumelelo ukusebenza lwentlalo. Kwimeko yesibini, nefuthe loqoqosho ayikwazi ukubalwa kuba nefuthe kwezentlalo Akujongwanga ukuba ukwenza inzuzo.

ukusebenza enoqoqosho inokuba elidibanisayo okanye elithabathayo. Ukuphumeza isiphumo inzuzo emihle ngokwaneleyo. Ngamanye amazwi, ingeniso yomtyali-mali kufuneka ibe ngaphezulu kwe isixa-mali. Le ndlela kuthiwa inzuzo. Indlela yesibini ukufumana isiphumo yingenelo ayikho utyalo-ezandisa ezingenayo, kunye nolondolozo iindleko zemveliso. Eyona ndlela buyanceda ukufumana nemiphumo emihle - ukwanda kwengeniso kunye ukunciphisa iindleko zokusebenza.

nefuthe elibi HIV kuphunyezwa xa manyathelo ecetywayo kwi iindleko ngaphezulu ezingenayo. Kulo mzekelo, umphumo yezoqoqosho iya kubizwa ngokuba ilahleko.

Indlela yokubala ukusebenza kwezoqoqosho

Le ndlela yokubala classic ukuba Ungabala isiphumo kuqoqosho imi ngolu hlobo lulandelayo:

Efe = D - W * K, apho

Efe - nefuthe loqoqosho;

D - ingeniso okanye imali evela isiganeko;

W - iindleko amanyathelo;

K - into elawulayo.

yokulawulwa factor

Ukongeza ingcamango "isiphumo kwezoqoqosho" kukho omnye elide isetyenziselwa ukugqiba ukuba nokwenzeka mali. Le-ukusebenza iindleko. Kuba kuyimfuneko regulatory into. Ibonisa nokusebenza ubuncinane owamkelekileyo iprojekthi zotyalo-mali, ekufuneka ziphunyezwe ukuba urhulumente kunye noluntu.

ratio Regulatory - njalo. ixabiso layo kuyahlukana nedlela koshishino ngawo isicelo. Ixabiso le index isusela ukusuka 0.1 ukuya 0,33. Ixabiso eliphezulu le - kushishino kwemichiza, kwaye iphantsi - ezothutho. Kwicandelo industrial lomlingani olumisiweyo ngu 0.16; urhwebo - 0.25.

Le bona kwe ekubaleni nefuthe loqoqosho namanyathelo acetywayo

nomphumela enoqoqosho kungabalelwa naliphi na ixesha. Kuya kuxhomekeka elide kangakanani isiganeko ubalwe. Ukubalwa isiphumo yoqoqosho yonyaka yenziwa kwiimeko apho imisebenzi efuna imali ziqhutywa okanye kuqhutywa kwisithuba sonyaka. Ngokomzekelo, intlawulo iibhonasi ukuba abaqeshwa ukuze ngokonyuswa ngenyanga kwiintengiso. Ngoko, akukho ndlela engcono ukuqonda ukuba nokwenzeka iibhonasi, ukubala indlela nefuthe loqoqosho kulo nyaka. Ifomula yokubala nefuthe loqoqosho kwamanyathelo ecetywayo kule meko bekuya kuba ngolu hlobo lulandelayo:

Er = (D1 - D0) * H * K, apho

• Er - ukusebenza ngonyaka;
• D1 - engenayo emva kokuba isiganeko;
• D2 - ingeniso phambi iziganeko;
• iindleko - W;
• K - into elawulayo.

umzekelo

Ukuze sicacelwe ukuvavanya indlela ukufaneleka kukho iprojekthi zotyalo-mali, kuyimfuneko ukuba siqwalasele umzekelo ka ukubalwa ukusebenza kwezoqoqosho.

Le nkampani izibandakanye iimveliso kunye nokuthengiswa nempahla. Management ligqibe ukuba ngaphandle iibhonasi ukuba abaqeshwa ukuba bakwazi ukuphucula umgangatho womsebenzi owenziweyo. Ngokutsho iziphumo amanyathelo okuphucula umgangatho imveliso nkampani yakwazi ukwamkela 100 lamawaka eerandi, nto leyo amawaka 15 ngaphezu phambi kokuba ukuqaliswa kwamanyathelo. Sinikezwe waba 8 amawaka eerandi, kwaye inkalo yolawulo ngu 0.25. Ngako oko, inzuzo kwezoqoqosho ibalwa ngolu hlobo lulandelayo:

Efe = 15 - 0.25 * 8 = 13.

utyalo-mali lwexesha elide

Kwiimeko apho utyalo-mali luya kuqhubeka ixesha elide, isiphumo i parameter yezoqoqosho akakwazi ukubonisa ukuba nokwenzeka mali. Kufuneka uwave ingqalelo iindleko ithuba. Babonakala kwimeko xa mali yenza ukhetho phambi kwezinye iindlela. Kulo meko, iindleko ithuba ingqalelo ukulahleka ingeniso, ebinokuthi yenze usomashishini osakhasayo, ukuba uthe wakhetha omnye utyalo ukhetho izimali zabo.

kusoloko kukho enye imali ubuncinane enye, kwaye kufuneka ukuba ziqwalaselwe ukuze ukufumana umfanekiso opheleleyo ngakumbi ekubaleni nefuthe loqoqosho kwamanyathelo acetywayo. Le indlela eqwalaselwayo yileyo ifakwe kwibhanki. Kule meko kuyimfuneko ukuze bakuthathele ingqalelo ipesenti yedipozithi kunye Isaphulelo ingeniso kunye nenkcitho.

Kule meko, njengoko isiphumo zoqoqosho ziya kuba ixabiso net langoku. Noko ke, ukuba ekubaleni umdla iinzuzo odidi kwezoqoqosho elingathathwanga akukho kuthathelwa ingqalelo, kwaye nemiphumo emihle kwaphunyelelwa kwimeko apho ingeniso engaphezulu inkcitho, kwimeko ixabiso net langoku, nokuba ixabiso layo ezimbi abonisa ukuba iindleko ngaphaya iindleko.

Le nto ke, akusoloko engenaxabiso kuthetha ixabiso net yangoku kwakuwo kwenkcitho ngenxa yengeniso. Ukuba ukubala yayo luni umdla, umzekelo,-5%, ixabiso ezintle kuthetha ukuba inzuzo yotyalo-mali ingaphezulu kwe-5%. Ukuba NPV ilingana no0, ngoko ke ROI kanye-5%.

Ukuze siqonde indlela misebenzi icetywayo inzuzo xa ixabiso net langoku ingaphantsi kwe zero, kuyimfuneko ukuba ukubala inzala lwangaphakathi. Ixabiso plus libonisa inzuzo kule projekthi, kunye ezingakhiyo - it engeluncedo lwanto. Ukuba isandiso 2 ipesenti calculation ngomlinganiselo we-5%, lo mali ihlawulwe ungadlulanga owe-2 pesenti, kodwa ababanga nako ukuzisa ukunyuka-3% ekusebenziseni ezinye ezi mali. Ngoko ke, ixabiso net langoku , ngokuchaseneyo umlinganiselo-ngempumelelo iindleko na isisombululo esifanelekileyo ngakumbi ekubaleni imali yamanyathelo okuphucula lweshishini, yenzelwe ixesha elide.