Finance and Funds Flow

Money: That’s What I Want. Sources of Capital for a Growing Business

If your only business is snowboarding, you need money for three reasons. First, your business should grow at least as fast as the industry, and that growth translates into more cash tied up in the business. Second, extreme seasonality and the extended dating customers are demanding requires more working capital. Finally, tough competitive conditions are probably reducing margins, […]

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Getting In Deep Trouble; Why Companies Get There, and What it Takes To Recover

It doesn’t matter if you’re a retailer, distributor or manufacturer. It doesn’t even matter if you’re in the snowboard business. In every industry, companies get in trouble for the same basic reasons, and require the same things to recover All businesses in trouble share two characteristics: denial and perseverance in the face of inescapable change. It’s easy to

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