Posted on Mon, May 07, 2012
by Brian Sherman
One common lesson for first-time business owners is often learned the hard way. If the company doesn’t have secondary funding sources or substantial funds available when starting out, fluctuations in income payments can lead to a cash shortage when the monthly bills come due. Many enthusiastic entrepreneurs fail to account for the numerous (and significant) costs associated with opening a new business, and that rapid depletion of funds can impact their bank account considerably.
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