SVA Certified Public Accountants professionals Marty Mathias, CPA, CFE, Principal, and Alissa Schlimgen, CPA, Supervisor, have authored an article for In Business Magazine titled “How to Analyze Working Capital Needs”.
Analyzing the working capital needs of a business presents opportunities to leverage a line of credit, improve cash flow, and better plan for the future. Having a line of credit can provide significant benefits to a company such as using it for short-term cash needs or, in certain seasons, as a means for cash flow. In order for a business to use their line of credit effectively, it should analyze its working capital needs. Read the entire article for a simple strategy to assist with this important process.
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