What Is the Advantage to a Small Business When Planning

question 95

Multiple Choice

What is the advantage to a small business when planning for shortfalls in cash flow?

• A) Financial resources can be saved in a savings account until needed.
• B) Banks are more likely to offer loans if they know when the money will be needed.
• C) Loans can be obtained in advanced and put in interest earning investments.
• D) Lower interest loans can be sought for the needed time frame.
• E) Small businesses will appear more professional, resulting in favorable banking relationships.

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