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Reasons for mismanagement of business fund.
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[QUOTE="btaliat, post: 338992, member: 26390"] It is not a gainsaying to conclude that most business men have mismanaged their business funds which has truly led to the closure of the business. The following are the reasons why most business owners do mismanage their business fund: Small business: most small businesses are prone to being mismanaged compared to those big businesses. This is because most big businesses will always make employ the services of external auditors to monitor the activities in the business. Bad Debt: this has caused most businesses to fold up. That's why it is not really advisable for small business owners to be selling on credit. [/QUOTE]
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