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Funding a business
increase in economic hardship its effect on business funding
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[QUOTE="King bell, post: 336899, member: 75687"] Business funding can be significantly affected by an increase in financial hardships. Lenders and investors may be cautious about giving out loans, lines of credit or investment capital during economic downturns. There are fewer earnings through which businesses can get cash flow into their companies because their customers don’t have the power to buy what they need. Consequently, it becomes hard for most business organizations to fulfill their responsibilities in terms of finance thereby making it very difficult to source finances. Therefore, companies must find ways of adopting other forms of financing such as government grants, crowdfunding or reliance on business support organizations. Besides that, firms should control spending prudently and reduce costs while also developing robust financial strategies for surviving tough times economically. [/QUOTE]
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Funding a business
increase in economic hardship its effect on business funding
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