Working Capital Management During Times of Economic Turbulence
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Businesses rarely fail because they are unprofitable. More often than not, failure is due to poor cash flow or inadequate working capital. The risk is real for every business from entrepreneur to established. And it’s magnified during recessions or a sudden economic shock, but reducing this risk is possible.
Download this free whitepaper to learn more about the four main levers you can use to manage working capital, and how and when is the right time to use each of them:
- Tightening cash flow management discipline
- Reducing working capital requirements
- Bolstering cash position
- Exploiting short-term revenue opportunities