How to make your working capital work harder
- Working capital is front of mind for most business
- Lending won’t return to pre-recessionary levels anytime soon
- There are simple techniques to leverage working capital
Working capital is a calculation of current assets minus current liabilities less cash on hand. At its simplest, it represents the amount of day-by-day operating liquidity required by a business. A corporation may possess both assets and profitability, but it would be short of liquidity if those same assets could not be transferred into usable cash.
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