September 2020
Beginner
184 pages
4h 46m
English
CHAPTER 2
Nine Small Business Finance Concepts
In this chapter we want to lay out a few general principles and dispel a few myths. Much of this material may seem obvious, but our experience tells us that much of it is sadly ignored, never learned, or forgotten. Additionally, some of it goes against the grain of what is considered conventional finance knowledge or is considered to be counterintuitive. However, that should be expected, as we believe, and think that you should also appreciate that financial management for small business is not the same as financial management for the publicly traded corporation.
The nine small business financial concepts discussed in this short chapter are as follows:
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