What are the weaknessess of finance in a business?
David U asked:
What are the weaknessess of finance in a business
opening a internet cafe
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Tagged With Business Finance, Finance Business, Internet Cafe
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3 Responses to “What are the weaknessess of finance in a business?”
Maybe a headache : )
frogs legs exports
no other country really buys them
but you could attract forign customers on holiday by offering ‘french’ food
Weakness develops in business activity at gradual space irrespective of the type of business undertaken.
The project report should be analysed in depth. There should be no over enthusiasm. Study the pro and cons of the business activity one proposes to undertake. A good survey will work wonders. Lack of turnover to cover over heads will be the starting facts of weakness. Top heavy manpower costs and rentals will be a drain on your profits and ultimate weaknesses. Over zealous ‘ad’ not in consonance to your business activity will create weakness. Excess borrowings from Banks and high interest costs from market borrowings will diminish the surpluses. The area in which you desire business operation should be conducive to your expectation.
High profile conduct can ruin and weaken the financials.