There is an old saying that says’ “if a business does not grow, then it will eventually die” and for a business to grow it needs funding.
Organic Growth refers to the situation where the business is generating surplus cash every month. This means that the business is profitable and has profits that it can utilise.
Various financing institutions will require different criteria to be met in order for funding to be granted.
There are a number of reasons that a business may need funding but the most common ones are, The business experiences cash flow problems, The business wants or needs to expand, Some businesses face strong seasonal influences.
One of the biggest challenges for entrepreneurs and business owners is finding the funds necessary to launch and eventually grow their businesses.