Manage Your Working Capital

Most entrepreneurs fail in this endeavor because they don't fully understand it.

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assumes various forms, and not all businesses involve the same kinds of working capital. stores, for example, do not need to contend with , just as service businesses do not keep large inventories of finished goods. Homebased , meanwhile, may deal with some or all forms of working capital, albeit probably on a much smaller scale than large corporations.

Excerpted from Starting a Home-based Business

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