Buy custom Lawrence Sports Working Capital Strategies Work sheet
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Topic: |
Business
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Number of pages / Number of words: |
15 / 4150 |
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The company rents equipment such as backhoes, tampers and chippers because crew members do not use them enough to justify purchasing them. âLandscaping business can be small and undercapitalized and some businesses cannot afford to own equipment. Maintaining it can be a cash drain.â (Berner, 2003)...
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âLandscaping business can be small and undercapitalized and some businesses cannot afford to own equipment. Maintaining it can be a cash drain.â (Berner, 2003). By renting, the risk can be transferred to the rental company when the business has its peaks and valleys. Another way Keep It Green preserves cash flow is by obtaining inventory on a per need basis...
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