Finance Toolkit 2 My finance needs – GROWTH

Step 2: Identify my best finance options

Congratulations!

As your company is growing, regular sales with paying customers and revenue generation should be a proven issue.

The main challenges your business is likely to face in this stage regard, on a side, ensuring adequate allocation of resources to avoid, on a side, cash-flow related problems (i.e. how to advance payments for planned operations with your customers) and, on the other, to pool adequate cash to rapidly grow in the market.

Your business stage is GROWTH.

Your business needs to divide time between a whole new assortment of demands requiring your attention – managing increasing levels of income, attending to customers, dealing with the competitors, accommodating an expanding workforce, etc.

→ Let’s see what options do you have and how to choose the most suitable one.