Tip I: “Capital isn’t scarce; vision is.” (Sam Walton, Businessman and Entrepreneur)
Tip II: “If you pay peanuts, you get monkeys” (Chinese Proverb)
Practically speaking, working capital is the cash required to run the daily, weekly and monthly operations of the business.
Working capital management is, therefore, the process of managing the liabilities and short-term assets so that te business has sufficient liquidity to run its operations smoothly.
Sources of Working Capital
1. Family and Friends
Be very careful when requesting for funds from people closest to you just in case your business tumbles to ashes.
The awesome thing about cash from friends as well as family members is that it comes with the lowest interest rates or none at all.
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Hello everyone!
Who am i?
I don’t know who i am. Neither you know who you are, or, do you? Really?! You simply associate your past memories and think that it’s you. Think about it for a moment.
Okay, that may sound weird, so let me tell you
Who i am.
I am one of the billions. I am stardust, gathered and showing up in human form on planet earth for a short while. Well, you are no different than me in that aspect.
Hmm, but you are not here to read these spiritual views, isn’t it? 😉
Helping indians to choose right credit cards, pick right offers
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Day & night exploring the spiritual reality of our human existence.
Helping every one to become entrepreneur.
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