STRUGGLING BUSINESSES TIPPED

STRUGGLING BUSINESSES TIPPED

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Financially struggling businesses have been advised to form partnerships so as to easily access credit from banks and established multi-national financial institutions.

According to prof. Augustus Nuwagaba who is also an economist, individual businesses have defaulted in the past thus forcing banks to shun dealing with them.

He says businesses must also borrow from private equity and venture capital which offers training and expertise.

This was at the 2nd Kampala Private Equity and Venture Capital held today.

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