Why is money management so important to a business? What are the consequences if money is mismanaged?

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Entrepreneurship

ISBN: 9781975076344

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Authors: OpenStax

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Question Posted: Oct 16, 2023 06:57 AM

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Why is money management so important to a business? What are the consequences if money is mismanaged?

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Money management is crucial to the success and stability of a business for several reasons Financial Stability Effective money management helps maintain financial stability It ensures that a business ...View the full answer

Entrepreneurship

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