Politicians are rich, not all, but most are. Aside from their earnings as a public official, of course they have a lot of investments and shares in different companies. How rich the politicians are? What kind of businesses do they have?
The personal accounts of politicians are immeasurable snice not all of them declare every source of their money. Nevertheless, they have more compared to ordinary people and they actually belong to a higher class.
When talking about their actual businesses, some have real estates, some are malls, place for leisure like resorts, and agriculture for crops.
How do they manage their businesses?
Politicians are busy people. They obviously do not have time to manage their own businesses, so they hire experts from the field and trust everything to these professionals. Besides, if you have the budget for it, why would you not use the allocated money to make sure the growth of your business.
Do politicians experience business failure?
Of course, yes. Business failure is not just for small entrepreneurs. It can happen to anyone. If a business is not managed well, for sure it will not succeed and you will just end up wasting your time, effort and money. This is a big loss. Politicians also experience a not balanced assets and liabilities. Venturing in a business is not a success in just a snap that after you decide to enter it you are already getting the return on investment.
Do politicians use factoring techniques if in need in cash?
Factoring companies like texas factoring companies are created to help businesses to be saved. Politicians could possibly be really rich, but since they have a lot of properties, and factoring companies are asset-based, they surely consider availing service from a said company just if ever their company is not doing good.
Read More
