Knowing the amount of Working Capital required for growth is critical to success, so that you can borrow the correct amount for growth OR temper your growth to the limits of your WC, ensuring that you stay in business.
Management of Working Capital involves converting non-cash assets back into cash, quickly and efficiently.
As a business owner it’s important to know your numbers. Without them, owners are ill-equipped to make sound financial decisions or confidently chart a course for growth.
To run a financially healthy company, you must know your numbers. This fundamental practice is paramount to understanding your current financial position and how it may impact your future growth objectives.
Challenges associated with the coronavirus pandemic have illustrated how unpredictable both life and business can be, and that change can happen quickly. You can’t foresee and plan for every event and change, especially those associated with external factors, but you can develop the tools to be resilient. It starts with knowing where you stand and where you want to go.
I’ve developed a new program designed to fit the needs – and the budgets – of smaller businesses, startups and solopreneurs. With a menu of levels of service to choose from, small business owners can leap beyond much of the costly trial-and-error that may have thwarted their growth in the past.
In Charles Dickens’ timeless tale, A Christmas Carol, Ebenezer Scrooge is transformed by visits from ghosts of Christmases Past, Present and Yet to Come. First published in 1843, its lessons are relevant today.
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