Title: 3 Working Capital Management Strategies For Your Business - QuickBooks
Headings: 3 Working Capital Management Strategies For Your Business
3 Working Capital Management Strategies For Your Business
What is Working Capital Management?
Strategies to Manage Working Capital
1. Inventory Management
2. Cash Management
3. Accounts Receivable Management

Content: Low amount of investment in inventories stalls the production process. Whereas excessive investment in inventories lead to blockage of funds. Thus, the investment in inventories should neither inadequate nor excessive. This means a business needs to determine and maintain an optimum level of inventory. Various techniques are used by a business to determine optimum level of inventory. These include: Economic Order Quantity
ABC Analysis
Just in Time
Inventory Turnover Ratio
2. Cash Management
Cash is the most liquid of all current assets. All the current assets like receivables and inventory get converted into cash eventually. Hence, cash management is of utmost importance.