Monday, April 20, 2015

[AUDIO] When you need to say 'no' to a sale because you're broke. The end result of not having enough operating capital.

I tell the unfortunate story of a business that will have to start turning down work until they can collect some receivables. Growth requires planning.  What most people fail to realize is that growth costs money and you need to have a plan for where this money will come from.



Related post: Growing a Business to Death



The Invest Local Book blog is all about small business, franchises, local investing, home economics, small business systems and borrowing money for your business. It's full of great content and I look forward to seeing your feedback.  Follow me on FaceBook at www.FaceBook.com/DBarnettMoncton.

No comments:

Post a Comment