Chapter 1, Problem 5IQ

Explanation of Solution

Problem:

• Financial issues is the major problem every business persons and entrepreneurs can face.
• Financial issues problem are common for business to run out of the cash. Based on many reason this will happen.
• This will effect in delay of payment, which results in heavy loss and other services of the business.

Solution:

• The one who faces the individual issues can recovered from this using two option...

Explanation of Solution

Writing and Analysis about the Financial Issue problem:

• One can use any of the above mentioned solutions to overcome from the financial issue.
• If one can use the first above mentioned solution to overcome then they can be focused on reducing the expenditure.
  • For example, one can reduce the expenditure of unused rental space to increase the small part in revenue...