The Financial Challenges Facing Small Businesses

Small Business Financing America's economic stability is based largely upon small business. Without mom-and- pop operations, the economy would face financial hardship. Although small businesses comprise a large sector of the economy, they are faced with a unique set of problems that continually challenge their ability to be successful. Most frequently, poor management is cited as the integral reason businesses fail; inadequate or ill-timed financing is a close second. Whether an entity is starting a …

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