July 1, 2008
Not many businesses are going to be successful without an overall business plan that includes where they are, where they want to go, and how they want to get there. One critical component of a business plan is a capital financing strategy. After all, a package printer isn’t going to grow its printing business without upgrading or updating equipment over time. Not every capital financing plan is the same, and each will be built based on company preferences, such as leasing over buying or whether or not to finance large expenditures. Building your plan It is difficult to pin down every component of a