Running a business is not an easy job because business owners are required to wear multiple hats including sales, marketing, production, collection, customer service and more. Managing cash flow can be a constant challenge for many business owners. Most business owners neglect the importance of planning until something happens...
This week, a business owner asked me as her business is growing, she wants to know if there is a need to obtain a line of credit to protect her business in the event of emergencies. I have reached out to a commercial lender for his expertise. In this video, he shared with us the importance of establishing a line of credit while your company is doing well. Let's watch what he has to say.
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