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Reasons for mismanagement of business fund.
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[QUOTE="saoussen5765, post: 339020, member: 75161"] I can tell why business funds for small businesses are often mismanaged. Some small business owners have only that business as their only source of income and most times, those businesses are not yet strong enough to be a source of livelihood. They would necessarily dip their hands into the working capital and end up mismanaging it. Another reason is that some business owners allow themselves to be deep into financial matters in the business. I always advocate that as a business owner, one should have a staff that handles financial matters. A business owner handling the finances of his business doesn't have any restraint on spending it because no one would question him or her. [/QUOTE]
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Reasons for mismanagement of business fund.
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