Where Did All My Profits Go? Mastering the Concept of Working Capital
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.
Webinar Faculty
Moderator:
Jonathan Friedland
Jonathan Friedland is a senior partner in Sugar Felsenthal Grais & Helsinger LLP’s Chicago office. He is ranked AV® Preeminent™ by Martindale.com, has been repeatedly recognized as a “SuperLawyer”, by Leading… Read More
Panelists:
Jim Bienias
Jim leverages more than 15 years of experience in working with underperforming and distressed large and middle-market companies to help navigate a company’s most challenging situations. Jim’s clients benefit from… Read More
Michael Yarmo
As part of the PE firm he started, Michael doubled a multimillion-dollar logistics company, sold it to a competitor, and invested in a food startup as a minority owner. He… Read More
Paul Clinkscales
Paul Clinkscales has held various roles as a seasoned executive leader and business advisor. He currently serves as Director of Finance & Operations for Aesir Media Group, a specialty niche… Read More
Richard Claywell
Richard is a practicing Certified Public Accountant, and holds the additional designations of Accredited in Business Valuation, Accredited Senior Appraiser, Certified Business Appraiser, International Certified Valuation Specialist, Certified Valuation Analyst,… Read More