Private company financing is in many ways easier to get as you don’t have the regulatory hurdles you would as a publicly traded company on a stock exchange. The most important reason why some companies stay private instead of going public though is being able to keep control of the business, making decisions which generally are best for the long term success of the organization.
The economy has caused a credit crunch for businesses large and small so the one thing that all businesses should do is to get cozier with your banker. This can take the form of calling more often, visiting, inviting your account manager to your business premises, anything which will provide more real world contact with [...]
Cash flow is important anytime, but especially in today’s economic environment of tighter credit. We know today that the credit crunch has affected the economy and that banks are now able to pick and choose who they extend credit to, how much credit they extend, what conditions they extend it to, and how they can [...]
Cash flow is one of the most important things to keep an eye on at any time, but especially in difficult economic times. Think about suppliers to Nortel and the auto industry wanting to get paid earlier than usual and you understand how these suppliers are trying to stay on top of their cash [...]
