How To Save Your Business’s Finances Without Loans.

Kenny Nwakanma

Public Administrator and a salient Entrepreneur who believes so much in financial freedom and that everyone on earth is an entrepreneur in their own way. I run two other blogs. I am equally a real estate investor and a content manager.

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  • Expenses should not exceed income. Most entrepreneur find it difficult to follow this.
    Thanks for this Kenny

    • Kenny Nwakanma says:

      Yes Chioma, I recently read a book titled multiple streams of income by a renowned author; Robert Allen he said if your expenses exceed your income then that isn’t a business but a waste of time.

      Thank you for visiting Chioma.

  • CHINEDU says:

    All the points you mentioned are fine what most businesses are currently facing. Most executives go option 5. I also think that for a smoother implementation, each approach should be implemented strategically. Great article Kenny

    • Kenny Nwakanma says:

      Yes sir sometimes option 5 maybe the last strategy on the list, it could be harsh, but to make sure you aren’t guilty it is advisable to open an ‘exit the business’ the business call.

  • Most entrepreneurs fall off on point two.

    I’ve seen a startup entrepreneur spending much more than his revenue simply because his dad invested in him.

    This is a reminder every entrepreneur needs.

    • Kenny Nwakanma says:

      That’s a mistake most business newbies make, without a plan for the future, they think it’s all rosy forgetting that every business has a season.

      Thank you for commenting Saheed

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