4 ms·
It's not the profit that you're trying to capture, it's the flexibility gained from having working capital. In that 17 day window, you can complete another sal
by mikeyouse 12y ago
It's not the profit that you're trying to capture, it's the flexibility gained from having working capital. In that 17 day window, you can complete another sale without any additional outside money or pay for an unexpected expense. Having working capital is huge for quick turnaround businesses;
http://blog.mbaco.com/importance-of-a-good-working-capital-management/ http://blog.mbaco.com/importance-of-a-good-working-capital-m...