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How to Get Financially Fit to Grow Your Small Business Faster

May 12, 2023

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There’s nothing like a crisis to teach an entrepreneur a hard lesson — the most recent example being the collapse of Silicon Valley Bank, an event that taught companies like Roku exactly why it’s a bad idea to leave $487 million sitting in your bank account.

Hindsight is 20/20, and a good crisis is virtually impossible to predict, but the SVB collapse is a good example of why entrepreneurs must stay focused on business health fundamentals. The pinnacle of success for the tenacious and hardworking, a healthy small business is one that actively manages its finances, has access to credit and optimizes financial performance.

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