Many small businesses fail in the first few years, and one reason why is running out of money. If you’ve ever watched the television shows Dragon’s Den, Shark Tank or The Apprentice, you will know that one of the most important ways to achieve business success is to get the finances right.
That means thinking hard about how you’re going to fund the business both at the start, and as it grows. Applying for a loan without proper preparation is why many small businesses are turned down.
