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Why Businesses Need Positive Working Capital

Every business needs positive working capital. That’s especially true when it’s possible that a recession could be on the horizon—but it’s also true even when times are booming. Working capital opens doors. It creates potential and possibilities. Here are some of the core reasons why businesses need to have working capital on hand.
7 Reasons Your Working Capital May Fluctuate

7 Reasons Your Working Capital May Fluctuate

Changes in working capital are quite common in the business world. Such a change is best defined as the alteration to net working capital between accounting cycles. Net working capital is equal to the difference between existing assets and existing liabilities. Every business manager is intent on minimizing upward alterations to working capital in order […]
Advance Your Transportation Business with Working Capital

Advance Your Transportation Business with Working Capital

So you started a transportation business. Things are going well, but you can tell you need a little extra something to really help the business take off. What you need is working capital. Working capital is the bread and butter of any business — it’s the cash you have on hand for your day-to-day operations. […]
How to Use Working Capital for your Construction Business

How to Use Working Capital for your Construction Business

As a business owner, you know how important it is to have the right equipment and a well-trained staff on hand. The problem is it can be difficult to afford the best of the best when you’re just getting started or when the season begins to slow. So how do you keep yourself afloat? The […]
How Do You Calculate Working Capital?

How Do You Calculate Working Capital?

Working capital is the main financial driver that allows a business to meet its current obligations and continue operating. Calculating the amount of working capital is very simple. Investigating the components and application of working capital creates a deeper understanding regarding the viability of a business and the soundness of its future.