Stated simply, Working Capital = Current Assets – Current Liabilities. This equation helps a company (and its financing sources) understand whether it has enough short term cash inflows to cover its short term cash outflows, also referred to as liquidity.
But it’s not as simple as that. And, because it is the elemental center of cash flow, which in turn is the lifeblood of any business, it deserves much attention.
Understanding the various parts of working capital will allow you to develop a plan for taming your working capital and, instead, have it work for you. In this webinar you will learn what parts of the balance sheet make up working capital and what actions cause the most problems with cash flow. It also covers best practices for managing working capital that will allow you to avoid working capital issues that can negatively impact cash flow, tax acceleration and make financing difficult to find.
Jack is partner in the Chicago office of Sugar Felsenthal Grais & Helsinger LLP. Jack’s practice covers a range of healthy and distress business engagements. Jack leads Sugar Felsenthal’s “Vice,”… Read More
Amanda has eight years of experience in the digital and social media marketing field. Areas of expertise include B2C and B2B social media strategy and management, influencer marketing, online customer… Read More
The founder of MESH Interactive Agency, Bill has created, revisioned and launched local, national and international brands. He began as a Graphic Designer, so always keeps a keen eye on… Read More