Tue, Jul 17, 2018
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Understanding Working Capital: A Guide for Small Business Owners
As a small business owner, you know how important it is to have enough funds on hand to keep your business running. These available funds are known as working capital, and they are needed to run a healthy business.
Inadequate working capital levels are cited by the SBA Small Business Administration as one of the top reasons for small business failure. As such, learning about and securing proper levels for your company is crucial.
What is Working Capital?
Simply put, working capital is the dif...
