If Blanche's business fails while she is struggling to repay her loan and meet payroll, the most likely reason would be cashflow. Cashflow issues typically arise when a business is not generating enough revenue to cover its operating expenses and debt obligations, which can lead to financial difficulties.
Blanche took out a loan of $50,000 to start her floral gift shop. As the months ticked by, she found that she was having trouble repaying her loan while also meeting the payroll of her employees. If her business fails, what is the likely reason?
(1 point)
Responses
customer focus
customer focus
inexperience
inexperience
cashflow
cashflow
rapid growth
1 answer