There are many stakeholders in your business, and they all want what's owed them when it's owed them.

Stakeholders include any person or organisation that has an interest in seeing the company succeed—investors, shareholders, suppliers, customers, and employees, to name a few.

Every business, no matter how small, has stakeholders.
One area of research has focused on what the business ought to do in terms of the "ends it pursues and the means it utilizes." For many entrepreneurs, there are times when managing the demands of stakeholders becomes a real juggling act.

For example, to grow the company to the next level, you may decide to consider an TPO. Once you throw that hat into the ring, you'll find lots of stakeholders pressuring you to move forward, even when you're not sure it's the best thing to do.

These stakeholders include investment bankers who get a fee for doing the deal; business partners who may be able to cash out of some of their holdings in the company; and lawyers who want the additional business.

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All these stakeholders want to be served, and the entrepreneur must hold to his or her code of ethics and base decisions on it and not the personal agendas of stakeholders who may not have the best interests of the company at heart.