Table of Contents

+ Add to Library

Previous Next

Chapter 575 Marriage (Fifteen)

  • "This is for insurance. Consider this - we've depleted the operating funds. If there's a misstep in operations next month, how will we repay the suppliers and employees? It could lead to a major issue. If we end up owing millions, the company could face instant bankruptcy. I've studied numerous bankruptcies, and this is often the root cause," Chadwick Fullner stated gravely.
  • "Indeed, you make a valid point. But have you ever pondered how close your company is to bankruptcy if a management error leaves us without business for an entire month? I acknowledge the risk involved, but running a company inherently involves taking risks. If you're averse to risks, why did you venture into entrepreneurship in the first place? Having worked in finance at several large corporations, I can attest that this is a common practice. Moreover, I'm not suggesting utilizing the entire sum. I've run some calculations, and you could easily reallocate around six million in funds. To err on the side of caution, you could move just a third of that amount, which is two million. Even in the worst-case scenario, a loss of one or two million shouldn't lead to bankruptcy, right? You'd still have four million at your disposal to address any potential issues. I fail to comprehend why you're willing to tap into your emergency fund but not the operating fund. It doesn't add up to me," Yasmin Langston debated with Chadwick Fullner.
  • "Utilizing only a portion of it? That does sound plausible. Let me mull it over," Chadwick Fullner hesitated.
Get more Pearls
Go to Bravonovel app
Then you can read more chapters. And you'll find other wonderful stories on Bravonovel.