Focus Area for Early Stage Startups
CMAT 2021 · Innovation & Entrepreneurship · Easy · Financial Management
At the early stage of start-up, entrepreneurs often focus on sales, but then discover that they need to equally focus on
- A.
Overtrading
- B.
Outsourcing
- C.
Managing Cash flow
- D.
Taking loan
Answer
C
Explanation
In early-stage startups, effective cash flow management is vital to maintain liquidity and sustain operations alongside driving sales.
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