Few ways to boost the cash flow of a business

       Cash flow is the cash of the company that give-out or receive and might be more important than the revenue and net income that can decide if a company success or failure.  If a business has a expectation to improve its cash flow, some strategies must be implemented in the following.

(Retrieved from: http://www.investopedia.com/articles/personal-finance/061215/10-ways-improve-cash-flow.asp)

1.       Get rid of old inventory.  Large amount of old inventory tie up a lot of cash and which is hard to sell it at the bought-in price.  Even selling it at discount is better than storing it up for a long-term.  Business should convert those storing inventory into cash immediately. 
2.        Lease don't buy.  (Retrieved from: http://www.investopedia.com/articles/personal-finance/061215/10-ways-improve-cash-flow.asp)  Although purchase a long-term asset, the value might be raised in the following years.   However, it still take place of your cash flow, lower the cash flow.
3.       Make the bargin with your debtor.  Make sure your account receivable can be able to receive as soon as possible.  The bad debt may hurt the business's cash flow.  As a consequence of that, set a high interest rate to those bad debtor.
4.      There is another key element. "Form a Buying Cooperative" Team up with a like-mind business in order to haggle the suppliers to get the lower price for big amount of the inventory.  (Retrieved from: http://www.investopedia.com/articles/personal-finance/061215/10-ways-improve-cash-flow.asp)  What's more, business can still make a attractive deal with supplier and let supplier offer a discount with the business. So that boost the cash flow. 
5.       Last but not least, the most basic thing is raise the price.  This may cause a concern, if the sale will be lower, if scare the customer and go away.  But as the research from the website that I saw, it is fine to raise the price. (Retrieved from: https://www.entrepreneur.com/article/66010)

        To sum up, these strategies may help to boost the cash flow of business.  These can slightly help the business flee from the cash flow dilemma.  The positive cash flow does effect if a business is success or failure.  However, there still remaining many  can boost the cash flow.

Cashless being proposed to the world

         The world trend is likely to be cashless.  China and Canada, the countries that I am familiar with, are progressing in the mean time.  People is no longer relying on cash, but using the advanced technology to pay.  What are the best examples to demonstrate this phenomena and what is the difference among China and Canada?  What is the merits and disadvantages to this trend?  I would explain them in following paragraph.

      "Half of Canadians say they are ready to give up cash for digital payments. (Photo: Getty Images)" Retrieved from: (http://www.huffingtonpost.ca/2017/05/09/canada-cashless-society_n_16513944.html?utm_hp_ref=canada-business&ir=Canada+Business)

      Cashless is not meaning debit card or credit card only, but also the latest application like apple pay, google pay and stuff.  There is an app called Wechat in China, it indeed influence Chinese life in every single parts.  The most common example can be demonstrated is that people can purchase the bubble tea in-store instantly as long as the balance of your account is sufficient to be deducted.  Sometimes, there is a promotion if you pay by advanced technology.  On the other hands, I noticed most of my friends are likely to pay by Apple pay in Canada.  What is more interesting, I found apple pay is similar to the debit card or credit card's instant pay, tap the POS machine and finish the transaction.  From my own experience, China is being way more elevated in this field because you can do almost everything without cash in China, meanwhile most of the stores in Canada is not offering cashless payment like grab the coffee from Lucas Cafe.

(Credit to: https://www.kirtlandfcu.org/kfcu/main/content/apple-pay)

      Advanced technology brings us the connivence life which is utterly true.  Apparently, this is the most significant merits to the cashless system.  However, everything has the both sides.  Privacy can be recognized as the most serious disadvantage by using advanced technology.  The suspect can use your information to do everything that he or she desire.  Once you order things online or finish transaction by POS machine, you personal information is exposed, including card number, expire date, security code.  So safety is the thing we mostly concerned up to now.

     In conclusion, we should use the advanced with strong awareness.  Do not use it on the website that is showed not trusted or the POS machine that is unknown.  In order to get to the premium life, wisely using the advanced technology is important for everyone.

Debate of artificial intelligence

        We all are familiar with artificial intelligence, since it is observable and makes our life much more connivence.  However, some of the parties say that it influences the world negatively.  From my own point of view, it ubiquitously appears in our life and the disadvantages are greater than the merits, as following reason.  Human always find a feasible way to improve the life. Artificial intelligence is taking place of human being during society is improving.  This is the main element that contribute to the fact of revolution.
                           

             
       Like, Baymax, a loyal character showed on the animation movie is called big hero 6, his loyalty touches a large amount of audiences.  Sometimes, they are so loyal to the work, so that they can do the work 24-hours with no complaining.  More importantly, they don't need any expenditure to boost them to work.  This is the reason that more and more owners are likely to have these instead of the old way of labour force which is human.  For instance, people like financial analysis and advisor is mostly replaced by the AI, "One trend in the investment industry over the last few years has been the advent of 'robo-advisers,'" said Stefan Kip Astheimer, vice president for strategy at wealth management firm Howe & Rusling. (retrieved from: http://fortune.com/2015/02/25/5-jobs-that-robots-already-are-taking/).  Plus, the service industry is facing the same dilemma, like the worldwide fast-food company, McDonald's.  It is one of the most common case to see AI.  Occasionally, people walk into the store, the first sight would be the self-service machine and people usually order on the machine instead of order at the counter due to the efficiency.

                                  

        Although, it provides a connivence life for us, "Oxford University researchers have estimated that 47 percent of U.S. jobs could be automated within the next two decades" (retrieved from: https://www.wired.com/brandlab/2015/04/rise-machines-future-lots-robots-jobs-humans/)  The advanced technology, AI, should not be general in use.
        How can be solved this in the trend of enhancing?  The relevant department is necessary to make relating solution to this immediately.  Like, limited the amount of AI can be used in each company, or if the work is required highly accurate, then it could apply few AI.

Corporation and Corruption

             It is the one of forms to start a business, which is simply business which has shares on the stock market.  Hainan Airline, as a well-known airline company, plus one of the most fast-growing companies in the world.  According to the investigation, it had only a thousand million invested in the early years.  However, it had already expanded from thousand million (rmb) to thousand billion (rmb).   From our BAT4M class, we can indicate that the amount of asset must be equal to the total of liabilities and owner's equity.  What is more, it has liabilities' amount is more than the half of the amount of the total assets which is over 500 billions rmb.  There is question, how can the banks trust and give the loan to this fast-growing company which is operating on borrowing?  And, how can they flow the funds into the corporation under the supervision of Chinese government?  As I know that Chinese government is limiting the funds that flow to outside of China.

     Surprisedly, I found that some of the board of directors are relating to the older generation of the Chinese Government.  Moreover, one of them was previously director of the China Construction Bank, "which is the sixth largest company in the world and one of the 'big four' banks in China". (Forbes, 2011) (retrieved from: https://www.forbes.com/global2000/) Also, I want to mention that this is the largest creditor of Hainan airline.  What makes it agree to provide the loan to this company?

     From my standing point, this series of deals is containing a certain amount of corruption.  Plus, the money involved in this case is utterly over our imagination.  I could hardly find the relevant information about this case, no matter in China or out of China.  In general, Chinese citizen in China is hardly get this field of information.  Furthermore, I can see that Chinese government was refused to expose these to citizen due to the debt from Hainan airline is majority directly coming from citizen.  Overall, the public corporation is not that open in some reasons.

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