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Your Business Buzzword- FUNDING

Evans Yeboah | evans.yeboah@socgen.com | 05 October, 2020 16:33 PM

Funding refers to availing money for an undertaking. In business sense, it could be for the financing of operations, completion of a project, expanding business scope, by increasing cash inflows either through credit or other sources. The catchphrase “cash is king” in business management makes funding a must know and watch concept for business managers and leaders.

Funding can be from own resources, family and friends, grants, venture capitalists, lenders and others.

In looking for funding, the need, the purpose, availability, terms and projected outcomes of its use must be the guiding principles.

Authored by BKG

This piece is a view of the author and it comes with no liability nor prejudice.

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