There are three primary sources of cash for every business. The operation can borrow money, it can get more capital from the owners/investors, or earn the money. If a new business operation, try to match the sources off the funds to the respective uses to maximize the business going concern.
Every business owner needs to know the difference between insolvency and bankruptcy. Often these two terms are misunderstood and improperly used in conversation. You need to know their correct meaning because both are used in […]