© 2017 Solution Loans. All Rights Reserved. Warning: Why a Cash Trap Must be Avoided at All Costs. For an owner, youll never feel quite as hopeless or helpless as when your business is caught in a cash trap. Whats truly frightening is that many owners dont know what a cash trap is and more importantly what to do if theyre stuck. So what is a cash trap. You can search through the Internet, and find a myriad of interpretations and definitions.
Most are likely to either put you to sleep or make your head spin, especially the ones in terms of investing, such as this one on Investopedia. Real-World Cash Traps: Scenario 2. He didnt have contracts in place before he made the leap.
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