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Business strategy
Causes of funds mismanagement in business
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[QUOTE="Augusta, post: 338790, member: 25283"] One of the areas in a business that shouldn't be joked with is the management of funds. With lack of funds a business can never function properly as such a business owner needs to be careful with the business funds Mismanagement of funds is the fastest way of ruining a business aa such this shouldn't happen in any business. To arrest the situation of funds mismanagement the causes need to be known so that one can proactively tackle them to avoid it raising it's ugly head. So what are the causes of business funds mismanagement The issue of improper funds administration Where there is bad or wrongly used of money Where there's Inadequate collateral presentation by borrowers . Misappropriation of money Management of finance unskillfully, [/QUOTE]
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