A company’s ability to achieve its goals is greatly affected by how well it manages its working capital.
Free cash flow helps you accomplish goals such as funding growth, paying down debt or preparing for a sale. Every dollar left after paying for operating expenses and capital assets increases the value of a business as well.
“Tightening up your working capital capacity creates value. It’s that value that gives you the ability to act on all the things in your strategy,” said Andy Rankin,…