Tag Archive | "business budget"

Why Do Small Businesses Run Out Of Money?


The most important thing to remember when you’re starting a new business is that you need to manage your money sensibly. It will take a long while before you’re bringing in enough revenue to cover all of your overheads and until then, you’ll be working with a limited amount of money. So many businesses fail before they even get off the ground because they simply spend all of their money and they can’t secure any more funding, so they’re forced to close down. In some cases, this is just because their product isn’t right and they can’t bring in any revenue, but more often than not, it’s because they’re making poor financial decisions. If you’re going to avoid falling into the same trap, it’s important that you understand these common reasons that businesses run out of money and how you can avoid them. Read the full story

Posted in Business & Finance, Small BusinessComments (1)


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