With the global financial crisis deteriorating fast and biting deep, many businessmen are projecting 2009 to be one of the most challenging years for them. Indeed, many SMEs are drawing up business strategies to ensure they stay afloat in this downturn. Some are hoping to take a leaf from the
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Working capital is one impetus for entrepreneurs to turn to bank financing. How do you ensure that your enterprise successfully gains access to the much-needed financing? . Entrepreneurs know the importance of doing their homework and the need to arm themselves with a solid business plan.
Doing Your Homework
Not all banks
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Why do some small and medium enterprises (SMEs) fail? Is it because they are not well managed or is it that they lack funding? These reasons may hold some truth but there is another hidden reason why SMEs falter in their businesses.
Many of them do not have a comprehensive business
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