Entrepreneurship is one of the most coveted titles in the country. Starting a business, finding the perfect team, establishing a scaling strategy, and so on are all extremely appealing. However, establishing something sustainable is the x-factor for all entrepreneurs in today’s market. Founders need to be committed to their vision and mission to develop a…
Month: September 2021
What are the essential components of working capital management?
Indian SMEs are often forced to take unnecessary debt and other financial obligations to avoid short-term cash fluctuations, when in fact sufficient cash is stuck in working capital. However, working capital optimization is difficult to execute and often needs cross-functional efforts to pull off effectively. The relationship between different components of working capital makes controlling the rolling of cash and cash equivalents important. In this blog, let us look at the various components of working capital which will help in staying solvent…
