Business Enhancement
Access to capital is crucial to the development of small businesses. The uses of capital are multitudinous and range from investments in fixed assets to the adoption and installation of new and better technology for business
enhancement. Access to working capital financing is also necessary to smooth out fluctuations in income due to differences in the timing of production and sales.Lack of sufficient capital tends to affect SMEs’ ability to develop new products and services or to grow so as to meet demand.
No comments:
Post a Comment