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Expansion - Exploit the market
opportunities you've worked so hard to create
You’ve built up your business, carved out a niche in the
market, promoted yourself well and are now reaping the rewards
in the form of increased sales.
In a profitable, expanding company, meeting increased working
capital requirements is vital to sustaining growth to meet
business potential. As sales grow, costs and production requirements
also grow. You may need to purchase new machinery, expand
to a new site or employ extra resources.
However, these incremental costs are commonly incurred before
the cash benefits of increased sales are realised, especially
in the instance where trade credit is offered or a build up
of current assets is required. Cash resources become tight,
often restricting your ability to take advantage of growth
opportunities.
So what are your options?
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