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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6 Responses

  1. 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

  2. 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.

  3. 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.

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