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Topic: |
Business
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Number of pages / Number of words: |
8 / 2194 |
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An example of this is when a business has a strategy that requires a large amount of investment placed into development of new products, channels of distribution, production capacity and working capital places an enormous amount of strain on the finances of the business. This kind of strategy would require an audit of financial resources to review existing funds and the ability to raise new funds...
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This kind of strategy would require an audit of financial resources to review existing funds and the ability to raise new funds. Existing funds would include cash balances, bank overdrafts, loans, shareholders capital, working capital already invested, and suppliers. When looking at the ability to raise new funds, the strength and reputation of the management, strength of relationships with existing investors and lenders, attractiveness of the business market, and if the business listed on the NYSE or has the ability to expand to that point...
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