Besides access to finance, another major reason businesses shut down is this.
Cash flow is truly the king. The very life blood of business. As much as you pursue increase in revenue, it is by far more important to cut waste and reduce your expenses (manage costs).
How true! It takes a lot of discipline to achieve this though.
Cash flow is truly the king. The very life blood of business. As much as you pursue increase in revenue, it is by far more important to cut waste and reduce your expenses (manage costs).
How true! It takes a lot of discipline to achieve this though.