Many small businesses often do not have the capabilities to operate like a big conglomerate firm. The essence of small business ownership usually thrives on collective work and ability to be more resourceful. Unlike a major corporation that has a board of directors, governance in place, with a strong structural systemic approach to maintain excellence after several decades, a small business operation is typically more entrepreneurial and less structured. Due to all the pros and cons that permeates the very existence of many small companies for survival, especially when financing for sustain growth or expansion is needed, it is necessary for some smaller companies to operate by a set of different principles.
Principle # 1) Thy Shall Seek the Best Financing Options that Suit Your Needs