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international journal management strategic marketing
When you are ready to begin building your business plan, it is very helpful to ask yourself a series of thought-provoking questions to help develop the most strategic and most successful business plan for your business. When a small business owner prepares to talk about working capital management, the discussion often focuses on financial strategies for increasing commercial loans such as a line of credit with their bank in order to offset reduced sales and inadequate short term cash flow. This is a natural response because for many years banks actively encouraged such thinking. However, the banking world took a sudden turn several years ago, and working capital loans to small … Read the rest