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Just got your business off the ground? Now that your business is up and running, it’s time to look into working capital management.
Working capital management is a strategy used to keep track of the working capital of the business with the help of your balance sheet. Basically, it’s done to try and keep a business in good health. Managing working capital isn’t easy. There are many things that you need to understand about it to do it yourself.
In this post, we’re going to talk about the basics and benefits of working capital. You’ll also learn about working capital ratios and the answers to queries like what is term loan and working capital.
