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I am often asked by business owners how to generate cash — beyond their company’s immediate cash requirements — to make an acquisition, expand into new territories, hire additional staff or buy a new plant and equipment.
All of these growth scenarios take significant cash. Since many companies have existing debt, their borrowing capacity is often limited. Therefore, generating additional cash strengthens a company’s balance sheet and allows the company to increase its credit facility . . . READ MORE at sdrventures.com
