Assessing your working capital requirements - 5 points to get it right
Cash, or lack thereof kills most small businesses within the first few years of starting up. Inevitably a good awareness of what you need to survive and thereafter to succeed would make a world of difference. Here are 5 tips that could make planning for working capital easier, Understanding inflows - This is not your invoice “due-date”. This is the number of days most of your customers take to pay you. Outflow patterns - Similar to the above, know your own payment cycles. How