Remove Leadership Remove Operations Remove Project Remove Working Capital
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Artisans Must Balance the Books

Harvard Business Review

He started very well, but as soon as his cash flow improved, financial burdens from family systems stifled his operations. As more people depended on him, he spent his working capital, and the business failed. Most African artisans do not bank because of the fees associated with operating current accounts.

Books 13
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Recommended Resources – An Interview with Paul Leinwand and Cesare Mainardi, authors of The Essential Advantage

Strategy Driven

Those companies that ‘sweat’ their capabilities continuously improve them and sustainably capture the top-line growth in their industries and, ultimately, market leadership. Companies today operate in a business environment that encourages incoherence. They don’t fund R&D projects that won’t enhance their way to play.

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A Playbook for Making America More Entrepreneurial

Harvard Business Review

The Main Street business owner needs a different kind of capital from the high-tech entrepreneur. For each city or region the right mix of programs depends on what outcomes the leadership of that area is trying to achieve. A supplier might need a working capital loan to finance a big order.