Nov 25, 2013 14:00
ProfitCents by Sageworks recently hosted a webinar, How to Help Business Clients Win Loans, which discussed key strategies on how to assist clients with winning loans more effectively. During the presentation, finance professionals were polled on the number one reason for why businesses fail. According to the Small Business Association, over 50% of small businesses fail in the first five years. Almost 75% of respondents expressed insufficient capital as the primary reason.