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Know The Financial Risks of Small Business
Courtesy Of: American Express
30. May. 2008
No business is without risks. Your ability to identify and discuss them demonstrates your skills as a manager and increases your credibility with potential investors. You will show that you've taken the initiative to confront these issues and are capable of handling them. The opposite is also true. Should a potential investor discover any unstated negative factors, it will undermine the credibility of your plan and endanger your chances of gaining financing or other support.
The following list of problems is by no means complete, but should give you an idea of some possibilities.
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