How Lack of Working Capital hurts your Business

How Lack of Working Capital hurts your Business

There is this popular expression that says, “people who fail to plan, plan to fail.” No entrepreneur venturing into any business does so with a plan to fail, but inadequate access to working capital and other financing options is a huge contributor to a business’s lack of success and ultimate failure. Many factors that affects the success of any business majorly goes into a business owner’s lack of working capital, ranging from a low credit score and inability to borrow from traditional financing sources to operational issues affecting cash flow.…

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