The best thing that I like when I jump in the small business is we can learn more about financial management. The small business needs more attention on the cash flow because of fund source limitation. Different with the big company with larger financial source, the small business will get bigger resistance to get loan from the financial company. This is like ordinary issue in the most of country and every time we ask the reason of this, they will say that the risk is too big because most of small business has no guarantee with their business.
No body know when they can grow or when they become bankrupt so actually they financial company never want to take a big risk with give them big loan to improve their business. May be we know the only thing that can stand as guarantee is only their real asset like office and its furniture and building with its inventory like machines. Some time it all could not be enough as loan guarantee so the financial company can’t approve their loan proposal. So when the small business can grows faster?
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Tags: business, mind, small business