Not having a working capital strategy is like trying to hit a target with your eyes closed. You may be able to shoot, but you’re very likely to miss the target. The same thing goes for businesses that do not have their business goals enabled by a working capital strategy.
Just about every entrepreneur requires outside funding to launch his business and keep it afloat. In some instances, it takes years for a business to turn a profit. Allying with financiers can keep a business alive until it generates a profit and eventually transitions into a self-sustaining entity. Here are some reasons why businesses reach […]