How to Expand a Small Business When You Don't Get Paid on TimeBy
Question: My father is planning on retiring and he wants me to help him grow his dump truck business. I understand the business model, but I can’t figure out how to cover the costs of adding more trucks to the company. Every time we add an extra truck to the fleet there are expenses, but the broker that pays us holds up funds for 75 days. How can I manage this finance problem so I can add new trucks?
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