Business owners should always be well equipped for their own growth.
Regardless of what growth looks like for business owners, they should be laying out a long-term profitability budget, and a long-term cash flow budget. Doing so helps project what the capital requirements are to accurately fund growth.
In this article, Michael Iannuzzi, CPA, CFE, a partner with Citrin Cooperman provides insight into the importance of business owners funding for their own growth.
Click the following link to read Kendall Rawls’ article on the Automotive Buy Sell Report website titled: How to be Well Equipped for Funding Growth
Read the article and then contact us to get some insights on your own scenario. Even if you don’t become a client, a few minutes with us may help you save years of headaches. Contact Us
The only constant one can plan for is change. Strategic planning positions the business to address the probable, possible, and potential contingencies impacting business success.
Click the following link for more drill-down resources on Strategic Planning
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