Working capital is the amount of money you will be borrowing from the bank or a similar lender to keep your fledgling operation going. Your start-up money will secure a facility, pay utilities, purchase inventory and equipment, and pay salaries during those first months when very little is coming in as revenue. Many companies fail because they borrow too much or too little at this launching point.
Working capital is the amount of money you will be borrowing from the bank or a similar lender to keep your fledgling operation going. Your start-up money will secure a facility, pay utiliti…