From expanding operations, hiring employees to procuring resources and taking on strategic objectives, every business needs to show meticulous utilisation of capital to thrive in the competitive landscape. Especially in the current market conditions, a company is required to utilise its capital optimally and tactfully to stay relevant, cater to customer demand, thereby generating maximum…
Tag: working capital
Assisting Business Continuity By Centralising Key Vendor Data
Companies equipped with business continuity management systems help in understanding critical business processes and the impact of disruption. Business continuity management has been the centre of attention for companies during the COVID-19 pandemic and the consequent lockdown. Having instant access to accurate data has been critical to making informed, timely decisions. Unfortunately, many companies are…
Indian Companies That Fund SMEs And The Products They Provide
The “Do More With Your Time” interns have been enjoying their lockdown days working on interesting tasks & assignments. Here’s a blog by our 15-year-old intern, Devashree Gupta on the funding options available for SMEs. Small and medium enterprises are one of the most underestimated assets to a national economy. They create numerous job opportunities,…
The Ripple Effect Of Coronavirus Across Functions In An Organisation
In early 2020, when the news of a novel virus outbreak hit the international headlines, the world couldn’t predict the intensity of the situation. Within weeks, the rapid spread and aggravation of the virus took the world by shock – countries were compelled to shut down all functions and employ nation-wide quarantine. What followed was…
4 Cash Flow Management Tips To Recession-Proof Your Business
The COVID-19 pandemic has hit the business world on an unprecedented scale and speed. Businesses, across the globe, are facing a significant fall in demand as coronavirus continues to take a toll on the global economy. The spread and aggravation of the pandemic which created a worldwide health crisis not only disrupted the global supply…
5 Business Resolutions To Embrace in 2020
2020 has arrived! It’s not just a new year; it’s a new decade. For entrepreneurs, the new year marks the possibility of hope to accelerate growth, reach heights, ponder on the past and implement business resolutions accordingly. For many business owners, 2019 has been a rollercoaster ride with steep highs and equal lows. The economy,…
7 Ways To Pull Your Business Out Of A Cash Crunch
One of the common pain points for any business owner is to maintain a seamless cash flow. For any business, making money and keeping the cash flowing is considered a tangible aspect. In such situations, finding ways to navigate through tough times can help put back the business on track in no time. Here are…
Why Working Capital Optimisation Is Essential For Your Business ?
It is an illusion that a company with ample assets and profitability will have palatable liquidity. The capability of the company to convert its assets to cash quickly would determine its liquidity strengths. That’s the whole reason why working capital optimisation is considered prudent to the success of any business. Working capital fundamentally attributes to…
Reanalysing Cash Flows In Global Trade
Against a backdrop of increased globalisation and flourishing economy, a comprehensive plan to handle working capital becomes necessary. Read to know how a holistic approach to working capital management can lead to significantly better results over time. Global trade involves a network of suppliers throughout the entire business journey from start to end irrespective of…
How To Calculate Working Capital For Your Business
For any business, working capital is a crucial and difficult financial concept to understand. Working capital, by definition, is the difference between current assets and current liabilities. Working Capital = Current Assets – Current Liabilities Current assets are those assets which can be easily converted to cash in a year or within a business cycle.…