Izinga sangaphakathi senzuzo yephrojekthi

Inani langaphakathi lembuyiselo IRR - ingenye izinkomba zokuveza indlela lekusisa elikhangayo we plan ibhizinisi. Le nkomba sinake kuhlahlela business plan. Izinga sangaphakathi senzuzo ku inhlangano yabo ezingokomnotho lube nalelo nani elikhulu isithakazelo, nge amalunga enzuzweni kulindeleke kulingana ezezimali owenziwe. Ngamanye amazwi, izinga Kulinganiselwa ukuthi ilingana zero ukubaluleka kwalo msebenzi. Le nkomba ivumela ukubala kumaphesenti angu-, lapho izindlela atshalwe design lungabuyiselwa.

Inani langaphakathi lembuyiselo kunqunywa indlela izinhlelo olukhethekile lwe-computer noma calculators zezimali.

Futhi, leli phesenti ingabalwa empirically, ngokufaka esikhundleni phakathi kwesibalo amagugu Isaphulelo ezahlukene. Ngenxa yale njongo, akusebenzisa ngokunenzuzo insimbi "Funa", okuyinto linamathele-Microsoft Excel.

Lapho inkomba isilinganiso sangaphakathi senzuzo yephrojekthi lidlule inani le-investimenti kuhlelwe, noma okungenani alinganayo kubo, iphrojekthi enjalo samukelwa futhi kubhekwa ethembisa. Lapho IRR inkomba kuyinto ngaphansi kwenani we etshaliwe, iphrojekthi wenqaba ngenxa unprofitability.

Ngakho-ke, kungaba kubhekwe uhlobo IRR isithiyo amaphrojekthi okuyingozi noma ukuthi abanjalo isivuno ongaphakeme.

Nokho, lokhu kusebenza kuphela isivuno njalo. Kukhona ezinye amaphrojekthi ukuthi ekuqaleni umonakalo. Kodwa-ke, ngemva kwesikhathi esithile, baya nokwaneliswa futhi sebeqala athwale inzuzo njalo. Kulokhu, ngeke ube nesineke ukuze uthole umphumela omuhle kusukela utshalomali.

Ngaphandle kwalokho, kukhona amaphrojekthi ehilela ukungalingani ezezimali ngenzuzo ezinkathini alinganayo besikhathi. Esimweni esinjalo le IRR exponent kunqunywa empirically, njengoba kubalulekile ukuthola isibalo esikhulu kangako, okuyinto eyayiyoholela value zero zamanje. Okungukuthi, ukukhula kwenani ibhizinisi lingekho, kodwa intengo kayiwanga.

I yangaphakathi isilinganiso sokubuyisela kube inkomba kwezomnotho ngezici ezinhle nezimbi. Buhle IRR wukuthi ngaphezu ukubala izinga inzuzo, it ikuvumela ukuba uqhathanise amaphrojekthi adlulayo ezahlukene kanye izikali ezahlukene. Uma kuqhathaniswa usebenzisa nemingcele key:

- degree of ingozi;

- isikhathi yephrojekthi ;

- nenani kwezimali etshaliwe.

Nokho, le nkomba IRR Ubuye lokususa ezinkulu ezintathu.

Okokuqala, ukubala izitshela ukuthi izinga lapho reinvested omuhle cash flow, ilingana isilinganiso sangaphakathi senzuzo. Kuleso simo, uma IRR inkomba kwakuthandeka evamile reinvestment ibhizinisi, awusebenzi izinkinga. Ngokwesibonelo, inkomba IRR business plan ezikhangayo kuyinto 70%. Lokhu izitshela ukuthi yonke imali etholakale phrojekthi uzobe reinvested ngesilinganiso 70%. Nokho, okungenzeka ukuthi inkampani amakhono zonyaka zezimali ukuthi ukunikeza isivuno ukazannomurovne elincane kakhulu. Ezimweni ezinjalo, i-isilinganiso sangaphakathi senzuzo yephrojekthi overestimates umphumela uma utshala imali. Ukuze kuxazululwe le yokusilela Ungase futhi ulindele izinga Ushintshe ukubuya inkomba MIRR.

A kusimo yesibili ubunzima ekunqumeni ukubaluleka nomholo utshalomali ngokuya ngokuphelele (amadola ruble).

Okwesithathu, uma uhlelo lwebhizinisi kuhilela kushintshana notshwala zezimali, okungukuthi awokuthi ukubala engalungile IRR amagugu.

Khumbula ukuthi uma usebenzisa IRR ihlaziya kuphela labo amaphrojekthi utshalomali okuyiwona izimali ikhava izindleko, ie, isilinganiso semali engenayo kwizindleko idlule 1. Inani IRR kufanele kuqhathaniswa ukubaluleka inani lenzalo, futhi ulunge kangakanani le IRR ucabangela izinguquko akhawunti ngoba intela, ukuwa kwamandla emali kanye nezingozi iphrojekthi.