Debt Management Strategies for Growing Businesses
Growth eats cash. Inventory, payroll, and new locations get paid for before the revenue arrives. Debt often fills that gap. Used well, debt speeds up expansion. Used poorly, it drains cash flow and limits your options. It is also common. The Federal Reserve's Small Business Credit Survey found that 38% of small employer firms hold more than $100,000 in debt. The goal is not to avoid borrowing. The goal is to control it.