Small businesses operating with lean teams face many challenges, including being distracted by paperwork and planning. These tasks are necessary, but shift focus away from the actual work of the business. Company owners might worry about questions such as
- What products will sell next month?
- When will I receive my payments?
- Do I have enough capital on hand to pay salaries?
These questions are especially relevant for businesses such as construction companies, or any company with a good deal of invoice handling that are working-capital intensive, meaning they need a high volume of production to provide an adequate return on investment.
