A core goal for most business owners is to run a profitable operation that has good growth potential. It doesn’t matter what product or service you offer, profitability and revenue growth are the common measure for success. But contrary to what some may think, a profitable business can still run into trouble if struck by cash flow problems.
Businesses that are in a rapid growth phase can find that funds can become tight. This can occur, for example, on the back of increased spending while the business has to wait to see an upswing in revenue.
Small businesses are particularly vulnerable to suffering a cash flow crunch. Where and how you finance an operation can be the difference between dominance and failure. All money may sound like good money in this environment. It isn’t.
To get an insight on where to source capital for your business, download the eBook – Financing a Small Business. Inside you’ll learn about:
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