Steven's Articles & Media

A Daily Exercise for All Business Owners

There is one piece of information every business owner should know at all times, or should at least have at his or her fingertips – the amount of available cash.   This sounds very basic, and it is, but it is surprising how many business owners would be unaware of that number. And it’s not that the actual…

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Working Capital – The Good, the Bad, and the Ugly

Working capital is the excess of current assets over current liabilities and is a financial measure of liquidity or ability of a business to meet its obligations.  Current assets include cash, accounts receivable, inventory and other assets that are expected to be converted to cash within 12 months. Current liabilities include accounts payable and accrued expenses…

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