Congratulations to Jonathan P. Friedland of Sugar Felsenthal Grais & Helsinger, who will be leading the conversation on a West LegalEd Center webinar titled “Where Did All My Profits Go? Mastering the Concept of Working Capital.”
On June 7, 2018, SFGH partner Jonathan P. Friedland will be moderating a West LegalEd Center webinar titled “Where Did All My Profits Go? Mastering the Concept of Working Capital.”
Stated simply, Working Capital = Current Assets - Current Liabilities. This equation helps a company (and its financing sources) understand whether it has enough short term cash inflows to cover its short term cash outflows, also referred to as liquidity.
Understanding the various parts of working capital will allow you to develop a plan for taming your working capital and, instead, have it work for you. In this webinar, you will learn what parts of the balance sheet make up working capital and what actions cause the most problems with cash flow. It will also cover best practices for managing working capital that will allow you to avoid working capital issues that can negatively impact cash flow, tax acceleration and make financing difficult to find.