Introduction In today’s global business landscape, maintaining a healthy working capital is crucial for the smooth operation and growth of companies, particularly small and medium-sized enterprises (SMEs). Working capital represents the funds available to a business for its day-to-day activities and is a measure of its liquidity and ability to meet short-term obligations. This article will explore the importance of working capital and highlight the benefits of optimizing it for your business. What is working capital? Working capital is the financial resources that a company holds to support its daily operations. It is calculated as the difference between current assets…
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