Mikes smithen
Verified member
One of the most important Factor when it comes to establishing and managing a business is how well such business will be financed. According to statistics and research one of the major reasons why majority of businesses today go bankrupt or become liquidated is because there is no cash existence in the business in order to make sure that operations and activities concerning the business growth and development is handled effectively and a respectively. There are so many financing option available for business which can add to its growth and development.
The first and foremost option is to seek a loan from a bank which could be in the form of long-term loan or short-term loans. Peer-to-peer lending is also another form of financing whereby a business owner seek forms from other business individuals with agreement to pay a due time with interest. Trading financing is also another form of business finance which occurs when a business borrow goods for sale and pay back when these goods are sold
The first and foremost option is to seek a loan from a bank which could be in the form of long-term loan or short-term loans. Peer-to-peer lending is also another form of financing whereby a business owner seek forms from other business individuals with agreement to pay a due time with interest. Trading financing is also another form of business finance which occurs when a business borrow goods for sale and pay back when these goods are sold
