{"product_id":"short-term-funding-an-effective-device-to-aid-business-profitability-von-michael-oluwadare-idowu","title":"Short-Term Funding. An Effective Device to Aid Business Profitability","description":"\u003cp\u003eSeminar paper from the year 2013 in the subject Business economics - Investment and Finance, grade: A, ( Atlantic International University ) (Business and Economics), course: Accounting and finance, language: English, abstract: The purpose of this write up is the discussion of how short-term funding can be used to aid business profitability. In order to achieve this objective, various sources of short term funding will be evaluated with a view to underscore the relative advantages and disadvantages. I will also recommend factors to consider before using short term funding.  \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eThe key purpose of any business venture is return. This can come in various forms such as profit maximization; maximization of contribution, shareholders wealth maximisation among others. These strategic objectives usually come in sizes depending on the nature of the business or organisation.\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eLofty as strategic decisions may be, the importance of having adequate and efficient funding to support it cannot be over-emphasised. It has been shown again and again that one of the main reasons why business fails is the miss-matched of funding. Experience has shown that when you use your working capital (a form of short-term fund) to finance a capital project, the ability to run the business as a going ¿concern into a foreseeable future becomes shaky due to cash-flow problems.\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eFunding a business that requires a short-term funding with a long-term financing is a sure way to exist the market arena in an unceremoniously. It is therefore critical to have a right mix of fiancé to boost productivity and enhance competitive advantage.\u003c\/p\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9783656973744\"\u003e\u003ch3\u003e\u003c\/h3\u003e\u003c\/div\u003e","brand":"Libri","offers":[{"title":"Softcover - 9783656973744","offer_id":39447561863261,"sku":"9783656973744","price":17.95,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/ba09a631-c8ca-4b6d-911e-401e99c3a8de.jpg?v=1778219043","url":"https:\/\/shop.autorenwelt.de\/products\/short-term-funding-an-effective-device-to-aid-business-profitability-von-michael-oluwadare-idowu","provider":"Autorenwelt Shop","version":"1.0","type":"link"}