Profit Blog

Jarmo Manninen & Muutosdraiveri Oy


What is the problem in Finnish companies in their profit making?

31. joulukuuta 2024

Even this year, at least 140,000 of the companies operating in Finland will make a loss. In addition, at least 90,000 of the business names operating in Finland, i.e. private entrepreneurs, will make a loss this year. Even this year, at least 240,000 of the companies operating in Finland will not reach their profit targets. In addition, at least 154,000 of the business names operating in Finland, i.e. private entrepreneurs, will not reach their profit targets this year. For these reasons, it is appropriate to ask: What is the problem in Finnish companies in their performance?

Either as a CEO or as a consultant, I have helped more than 300 companies operating in trade, manufacturing and service industries to develop their business in order to achieve their goals in Finland and, in addition, abroad. Based on these experiences, I know that the reason is not in the market or in business cycles, as is too easily and often heard. The reason for this situation is that Finnish companies do not have the conditions for financial management in order. When the company has the conditions for financial management in order, the company can achieve its profit targets continuously. I will tell you what this means in practice in my next blog posts.

I encourage you to share this blog post of mine on social media. If you have any suggestions for the topics of the next blog posts, I will gladly accept them.

I hope that you were interested in this matter and that you can continue to be involved.


I have written four books on creating the conditions for the company's financial management, and they are available in well-stocked bookstores and online bookstores in Finland, for example from BoD (Books On Demand) at:





 

 

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