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ABSTRACT:
According to the Small Business Administration, 80 percent of small businesses fail in the first year. Sadly, the problem is often cash flow, not lack of sales. Companies in growth mode are especially vulnerable to this problem. On this episode of BizWiseTV, you will learn proven strategies for avoiding cash flow problems and the three safest and smartest ways to grow your business, outlined by Steve Hilton, Vice President of Enterprise Research for the Yankee Group.
Jill Bamburg, Dean of the Bainbridge Institute, will discuss how to finance and grow your business without losing control or compromising your mission statement. Dr. Peggy Jackson, author of Sarbanes-Oxley for Small Business, will outline how small businesses can actually save money and become more competitive by complying with this regulation. You will also learn about the new double bottom line and why it may be important to the future success of your business. And, in a special report, Todd McCracken, President of the National Small Business Administration (NSBA), will discuss financing issues facing small businesses and the role of the NSBA.
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