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Working Capital – Part 1
Manage episode 330347528 series 3357507
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Episode #05 Working Capital – Part 1
Welcome back to MSME TALK with Industry Experts. This Episode covers part 1 of working capital. We have covered the Topic Working Capital in 2 parts in separate episodes. In Part 1 - we have discussed about what is working capital, why it is important and critical to manage working capital efficiently for any business. What is Working capital trap and how to avoid it. Process and method of calculating working capital even without the professional expert. How to reduce the working capital requirement and increase the turnover & profit of the business by managing it efficiently.
In Working Capital Episode Part 2 we will discuss when entrepreneur has reached the level of operations which needs additional sources of working capital, how to go about it. What are the sources of working capital? Basic documentation required and process for raising working capital finance. How to ensure discipline is followed to get best terms from lenders and lot of more information will be discussed. It is advised to listen both the episodes. Do subscribe the podcast to get alert for release of Working Capital part 2 episode.
Charudatta Pande is helping business in Business Transformation since 22 plus yrs. He works closely with the MSME Entrepreneurs helping them transform their business. He conducts sessions across various platforms to help Indian Entrepreneurs systematically optimize the need and cost of Working Capital. He is founder of Suhrud Consultants and co-founder of Sumax Expert. He is also an author of two books – Surviving 2020 and Making working capital work for you.
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