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The Financial Challenges Facing Small Businesses

Date Submitted: 09/10/2006 05:59:09
Length: 5 pages (1372 words)
Views: 27376

Small Business Financing America's economic stability is based largely upon small business. Without mom-and- pop operations, the economy would face financial hardship. Although small businesses comprise a large sector of the economy, they are faced with a unique set of problems that continually challenge their ability to be successful. Most frequently, poor management is cited as the integral reason businesses fail; inadequate or ill-timed financing is a close second. Whether an entity is starting a …

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…amp;lt;Tab/>Business Journal. Retrieved May 22, 2005 from http: dallas.bizjournal.com Torres, Nichole L. AOL Small Business: AOL Small Business. Retrieved May 22, 2005, from <Tab/>http://aol.entrepreneur.com United States Small Business Administration (2005). Snap Shot. Retrieved on May 8, 2005 from <Tab/>the University of Phoenix Library at: http://www.sba.gov Ward, S. (2004). How to Get a Small Business Loan: A Guide to Small Business, 1, 2

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