What is working capital management?
Working capital management is an essential part of running a business today. If you want to succeed, you need a working capital loan to manage your cash flow effectively. In this course, you'll learn how to calculate and monitor your WCM.
Working capital management is the practice of managing or controlling the cash flow of a company. This involves using the funds from incoming sales to pay for outgoing expenses. The goal is to ensure that the business has enough cash to meet its obligations over time.
There are three main components of working capital management: inventory, accounts receivable, and accounts payable. Each component plays a role in helping the company achieve its goals.
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