Working capital is a crucial indicator of the financial health of any business. It refers to the amount of money required for the day-to-day operations of the company.
It is an undisputed fact that cash is required to run day-to-day business affairs.
Regardless of the company’s size, working capital is identified as an appropriate indicator to assess the company’s financial health and overall well-being.
Small and Medium Enterprises (SMEs) constitute a significant chunk of the Indian business ecosystem.
The outbreak of Covid 19 and its aftermath have ushered innumerable challenges for the majority of small businesses.
Successful SMEs know how to employ working capital to benefit their business.
Covid-19 disrupted the workflow of several industries and, it was no different for consumer durable businesses.
Working capital is the lifeline for any business looking to ensure uninterrupted operations and sustainable growth.
Millions of underserved MSMEs in India face stagnation due to a lack of timely access to capital.
Today’s world is digital. Technology puts customers first and offers them many new choices, conveniences, and courses of action.