Undercapitalization and business failure go hand in hand, like Peaches and Cream, Gin and Tonic, Pineapple and Pizza.
Undercapitalization is the main reason why many businesses, from start-up to established become financial failures and perish. In this week’s podcast I'm going to talk to you about
what undercapitalization means,
what causes it
why it's such a problem
Tips to help you avoid that happening in your own business.
Welcome to another weekly podcast on I hate numbers. The podcast to help improve your financial understanding in business. Above all it's there to help improve your money mindset, make more money, save tax and time.
Meaning of Undercapitalization
You may have heard about the term "undercapitalization" and how it leads to business failure. If you're not sure what this means, don't worry, I’ll answer that question and more in this podcast.
What is undercapitalization? It's when your business doesn't have enough money to cover its expenses or grow as quickly as it needs to. Furthermore, why does this happen? Sometimes people think that they need less money than they do for a given project or task
Listen to find out more
Moreover, if interested in dealing with Undercapitalization and business failure, this is all explained is here for you. You will learn how it affects you, avoid confusion and overwhelm. Many businesses, start-up to established find themselves in the same situation. Wanting to know about Undercapitalization, more particularly taking steps to avoid it. This podcast will help.
My mission is to inform, inspire and educate you to get closer to your numbers. You can make more profits, save tax and time, improve your well-being and your money mindset.
Help me to help you and others by subscribing and sharing this episode in your network. Listen now and subscribe to I Hate Numbers, so I can send it straight to your inbox every week with all the latest updates.