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Cash is King, but as a business owner how do you know if your cash is working for you or against you? In business you need tools. And one of those tools is the Working Capital Cycle. The working capital cycle looks at the big cash drains – Accounts Receivable and Inventory. As a business owner, you can calculate how much cash you have and how long you can last with your cash. Are you doing this in your business? If you want to know how, this is the episode to learn.
By Ryan Murray and Ethan Migliori5
77 ratings
Cash is King, but as a business owner how do you know if your cash is working for you or against you? In business you need tools. And one of those tools is the Working Capital Cycle. The working capital cycle looks at the big cash drains – Accounts Receivable and Inventory. As a business owner, you can calculate how much cash you have and how long you can last with your cash. Are you doing this in your business? If you want to know how, this is the episode to learn.