Cheat sheet: Working capital, and getting your ratio right
Working capital is vital for every business — quite simply, if you don’t have enough, it can be a problem, regardless of how profitable you’re going to be in the future.
Here’s what you need to know, plus some working capital solutions to help you bridge any gaps.
What is working capital?
Working capital is the cash — or cash equivalent — your business has available at any given time, minus the money you owe this year.