While leveraging debt can fuel growth, mismanagement can lead to financial distress. Develop a strategic approach to borrowing, ensuring that the terms and interest rates are favorable and that repayments align with your cash flow projections. Prioritize paying off high-interest debts and consider restructuring or consolidating loans to improve cash flow.

- Log in or register to contribute
Contribute to three or more articles across any domain to qualify for the Contributor badge. Please check back tomorrow for updates on your progress.