Managing your working capital
A company’s working capital management is key to its success. Free cash flow helps the business accomplish goals such as paying down debt or funding growth.
Small business often get so busy that they forget to manage their working capital. 75% of business state they are satisfied with their cash strategy. 41% state they have at least one working capital gap every year.
Read more here to learn about the keys to success with a cash strategy:
- Develop a cash strategy
- Better manage payables
- Inventory management
- Creating a “cash culture”
- Benchmark performance
When finding your business in a cash crunch, consider Rapid Funders for short-term working capital loans.