Johnny's "Joyride Graphics"
"Joyride Graphics", a graphic design company, is a dream of Johnny Jackson, a native of Jacksonville. Being in a rural University town, Johnny knows quite a few people. This situation has put Johnny in a dilemma with his business start-up phase financing. He is really confused about where else he can get money other than his own pocket for his "Joyride Graphics".

-Given that the Joyride Graphics is in a start-up phase,which of these would represent its financial management need?

Question

Johnny's "Joyride Graphics"
"Joyride Graphics", a graphic design company, is a dream of Johnny Jackson, a native of Jacksonville. Being in a rural University town, Johnny knows quite a few people. This situation has put Johnny in a dilemma with his business start-up phase financing. He is really confused about where else he can get money other than his own pocket for his "Joyride Graphics".

-Given that the Joyride Graphics is in a start-up phase,which of these would represent its financial management need?

Quizplus · Accepted Answer

In the start-up phase, managing cash flow is crucial as profits are often secondary to ensuring there is enough cash to cover expenses and sustain operations.

Johnny's "Joyride Graphics" "Joyride Graphics", a Graphic Design Company, Is a Dream of a Dream