affordability

What Are the Risks of Ignoring Affordability?

Ignoring affordability can lead to several risks, including:
1. Cash Flow Problems: Insufficient funds to cover daily operations, leading to disruptions and potential insolvency.
2. Accumulated Debt: Relying heavily on debt without a clear repayment plan can lead to financial strain and increased interest expenses.
3. Reduced Competitiveness: Inability to invest in innovation, marketing, and talent can make it difficult to compete in the market.
4. Business Failure: Ultimately, neglecting affordability can result in business failure due to unsustainable financial practices.

Frequently asked queries:

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