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[QUOTE="Alexandoy, post: 66732, member: 25510"] I agree with the 3 points that you listed. Management is the handling of the operation while finance is taking care of the cash flow. The most important in the business of selling is the marketing because the customers especially the market base is the lifeblood of the business. There is a saying that with no customer then there is no business. In my experience as an entrepreneur in retailing computer supplies the finances was neglected which led to the failure. It was a big mistake. I thought I was good in management and my sales team are also good with their work. After having 4 sales person that's when the cookie started to crumble. I was borrowing money with high interest rate and it came to a point that the profit was only for the interest. Oh well, that is past and I hope that new entrepreneurs will be careful of the cash flow. [/QUOTE]
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