Chapter Twenty-two
Financial factors to watch as you start to grow
Watching your business grow and evolve will be one of the most satisfying things you do over the coming years. It’s like raising a child. What right now might be little more than an idea on a piece of paper will develop into a thriving enterprise, perhaps even a household name.
You have already read about the importance of accurate bookkeeping and also some ways to make your profits bigger. Now it is time to take a closer look at some of the financial implications of business growth.
It is a fact that more businesses fail when they are growing than when they are shrinking. This is because they simply run out of money. However, growing your business is something you do not want ...
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