Growing a business is never simple. As businesses evolve, their finance needs change too. From entrepreneurs at the start of their journey, to the leader in an established business looking at different options, whether scaling opportunities or mitigating risks, identifying the alternative financing options to support liquidity is incredibly important.
Cash remains King!
Whether in a current Covid infected environment, or when the world lands on a new normal, having access to the appropriate debt or equity funding route to survive and then thrive can be the difference between success and failure.
The ICAEW in conjunction with the British BusinessBank have prepared a Business Finance Guide, aimed at all stages of a business' life cycle. It contains signposts to next steps depending on the specific needs.
Anyone within an entrepreneurial SME considering their current and future financing is advised to take a look here.
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