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[return to "Small Businesses vs. Corporations: What Tech Tools Are We Missing?"]
1. datell+B3[view] [source] 2024-12-12 09:12:48
>>lucadi+(OP)
How the financials are performing. Usually small business owners lack either time or knowledge to monitor the overall business performance, meaning if the business is on red or black numbers. Day to day and lack of good financial foundations inhibit operators to check the facts over time.
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2. lucadi+o5[view] [source] 2024-12-12 09:31:29
>>datell+B3
This is a good point.

But do you think this is caused by a lack of tools or just a lack of time/managing capabilities by business owners?

Genuinely asking

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3. datell+bw[view] [source] 2024-12-12 14:21:45
>>lucadi+o5
I think it's caused by lack of knowledge, as you said, lack of managing capabilities, most of them doesn't know accounting, say reading a balance, cash flows, asn something worst, I've seen, that in retail where cash is abundant, some people do not understand that this money is not theirs, is borrowed money by the suppliers.
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