Do you need working capital? Working capital is current assets
less current liabilities. Let's say you have $100,000 in
accounts receivable, $200,000 in inventory, only $50,000 in
accounts payable, and no cash. Your working capital is
Do you need:
- more receivables?
- more inventory?
- fewer payables?
None of the above. What you really need is cash, something most
business people euphemistically refer to as "working
Common sources of cash include equity (owner contributions),
accounts payable (extending payment due dates), selling
("factoring") receivables, lines of credit, and short-term
At one time or another, most businesses need additional working
capital, not just to meet operating needs, but also to act on
opportunities that would otherwise be lost.
What source of working capital is best for your business?
Whatever the source, you will most likely have to demonstrate
how you plan to repay. The Business Plan Store
will help you. We will analyze your operating cycle and evaluate
your working capital needs. We will write a convincing business
plan to demonstrate your opportunity, need for working capital,
and repayment plan.
If you can satisfactorily demonstrate your need with numbers
only, The Business Plan Store will prepare a
detailed set of financial projections suitable for that purpose.
Call today. The sooner we begin, the sooner you will obtain the
working capital you need.