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Why founders deliberately avoid external financing

A survey among entrepreneurs shows: It’s better to have no salary than to become dependent on credit.
Unsplash/Uday Mittal

A large number of small companies in Germany are struggling with liquidity bottlenecks. Nevertheless, external financing is often not an issue, as shown by a current survey by the financial startup Qonto, which specializes in corporate customers. “Entrepreneurs would rather forego their own salary than independence,” says the study, which is available to WELT and Gründerszene.



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