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i m already running a business with 100% return on capital employed. want more capital to grow. what to do?
3 Answers
- 1 decade agoFavorite Answer
Depending on how long your business has been functioning, you may be able to get a loan. If you can show an investor that your business is successful, they'll give you the financial aid you need to expand.
They'll look at your managerial experience and how well you handle money. If this is your first business, they may want assurances that you're stable.
A lot of businesses do really well in the initial stages, but they fall apart during the growth stage because they're unable to handle the expansion of the business infrastructure. The managerial restructuring if handled poorly can be the death of that business.
You also want to ensure that you have reliable employees shifting up to managerial positions or that are skilled in training as senior employees the new recruits that are needed to expand your business.
You'll definitely want to create a business proposal for investors that shows how the money will be invested. You'll want to show how funds channeled into certain areas will stimulate more growth and lead to more profit.