Working capital is a common measure of a company's efficiency when it comes to its day-to-day operations. It’s the difference between what you take in and what your payout. The problem for small businesses is that sometimes you don’t have the money you need. You could choose to skip paying your …Read More
6 Types of Financing For Small Businesses Small business financing is notoriously difficult to procure. Most bank loans require that the applicant have stellar credit and 2+ years in business—and even then, there’s no guarantee you’ll get a loan, especially if you’re applying with a large ba…Read More
Working capital is defined as current assets minus current liabilities. For example, if a company has current assets of $90,000 and its current liabilities are $80,000, the company has working capital of $10,000. Regardless of a company’s size or industry sector, working capital is an important me…Read More
