Working capital is the lifeblood of any business. It’s used to pay rent, payroll, vendor bills and to purchase the tools and materials to produce goods and services.
For a startup or growing small business, working capital is especially important. Having enough cash flow and managing it properly allows a business to develop its core offerings, maintain smooth operations, expand into new markets and hire top talent. In fact, there’s a good chance if a small business fails, it’s because it ran…
