The Importance of Working Capital
If your company is to operate successfully, it must be able to support itself with its working capital. Occasionally, your company will not be paid in a timely manner, and the cycle spanning from the time you provide the service to the time that you actually receive compensation can be nerve-wracking, especially without adequate working capital. When short-term expenses start to pile up, your company may see a working capital deficit - but this happens, and there are ways to recover with effective management tactics. Read more...