Working Capital: Your Best Financing Options

Topics:
Working Capital
Tags:
Business Development,
Business Development Bank Of Canada,
Finance,
Financing,
Management,
Managerial Accounting,
Strategic Planning,
Strategy,
Working Capital
Source:
Business Development Bank of Canada

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Overview: Working capital is the lifeblood of any business. Defined as a person's current assets minus current liabilities, think of it as the amount of cash that the business has to operate. The challenge for entrepreneurs is to balance this amount i.e. not too much (where it sits unused) and not too little (where the company, even if it is profitable, can't function.)

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