Working Capital Strategy

Staying on top of your inventory management is an incredibly effective way to improve your small business working capital. Having too much capital invested in inventory can put your company at risk if you ever have a need for additional cash on hand. To help...

Managing your working capital wisely is essential in successfully growing your small business. What exactly is working capital? It’s the difference between your company’s assets and liabilities. The goal is to have more assets than liabilities, which gives you more flexibility in covering operational expenses and...

As a small business owner, it’s important to keep your company financially agile at all times. Even if you’re experiencing an excellent period of growthand prosperity, there are always factors outside your control that can wreak havoc on even the best-laid plans. In order to weather...

Going about your “business as usual” isn’t going to inject any growth into your current construction business. To really focus on expanding, you have to think outside the box and figure out the most effective ways to elevate your company. What could you accomplish with...

An e-commerce business can be an excellent alternative to selling products in a brick and mortar store. But even with lower startup and overhead costs, you still need to be realistic with your working capital estimates. Here are a few strategies to successfully start your...

Managing your company's cash flow to avoid any short-term financial issues can be challenging no matter how long you’ve been in business.There are so many variables involved, many of which are out of your control. From consumer household spending to the timing of a customer payment,...

When growing your small business, it’s important to have a firm understanding of your finances. Two of the most important numbers to consider are your working capital and your cash flow. While these figures are related, they aren’t identical. Figuring out each one can help you...