Effective financial management is key to sustaining entrepreneurial growth from "summary" of Developments in Entrepreneurial Finance and Technology by Audretsch, David B.,Belitski, Maksim,Rejeb, Nada,Caiazza, Rosa
The ability to effectively manage finances is essential for entrepreneurs looking to sustain the growth of their businesses over time. Without proper financial management, a venture may struggle to survive in the competitive landscape of the market. This is where the concept of effective financial management comes into play, as it provides entrepreneurs with the tools and strategies needed to navigate the complexities of the financial world. By understanding the intricacies of financial management, entrepreneurs can make informed decisions about how to allocate resources, invest in growth opportunities, and manage cash flow effectively. This, in turn, can help them sustain the momentum of their entrepreneurial vent...
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