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Artisans Must Balance the Books

Harvard Business Review

As more people depended on him, he spent his working capital, and the business failed. When artisans have no understanding of their cash flows, they fail prey to spending a big percentage of their working capital, without meaning to, on non-business issues that usually cripple their operations.

Books 13
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A Playbook for Making America More Entrepreneurial

Harvard Business Review

A supplier might need a working capital loan to finance a big order. A start-up might need an angel investor who believes in the project to provide initial equity. The types of capital generally split into two areas: Debt and Equity. The gap in equity capital is even more extensive and exists in most regions of the U.S.