A company puts in place various procedures to lend its tactics and strategies operational legitimacy. These procedures also play a key role in maintaining or improving the organization's financial ...

It depends on business type, operating cycle, and management goals Erika Rasure is globally-recognized as a leading consumer economics subject matter expert, researcher, and educator. She is a ...

Working capital is one of the most difficult financial concepts for the small-business owner to understand. In fact, the term means a lot of different things to a lot of different people. By ...

Working capital is a measure of operating liquidity and refers both to cash on hand and assets a business can quickly convert to cash. Working capital provides the funds necessary to pay operational ...

Effective cash-flow management is crucial for any business. For companies that rely on inventory, such as e-commerce retailers and wholesale distributors, working capital turnover is a critical lever ...

Julia Hawley is a full-time writer focusing on investing. She combines her writing skills with her experience in personal wealth management. Suzanne is a content marketer, writer, and fact-checker.