Financial Poise™ Announces "Where Did All My Profits Go? Mastering the Concept of Working Capital," a New Webinar on June 6th at 3:00 PM CST through West LegalEdcenter™

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This webinar is co-produced by West LegalEdCenter™ and part of the "MBA Shortcut" series. It will feature Jonathan Friedland (Sugar Felsenthal Grais & Helsinger LLP); Michael Schwarzmann (Independent CRO and Restructuring Advisor); Ken Yager (Newpoint Advisors Corporation); David Maughan (Ankura Consulting Group); and Randy Wilson (Cendrowski Corporate Advisors).

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Understanding the various parts of working capital allows a corporation to develop a plan for taming working capital and, instead, have it work for them.

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 also covers best practices for managing working capital to prevent working capital issues that can negatively impact cash flow, tax acceleration and make financing difficult to find.

To learn more, click here.

The webinar will be available on-demand after its premiere. As with every Financial Poise Webinar, it will be an engaging and plain English conversation designed to entertain as it teaches.

About Financial Poise

Financial Poise has one mission: to provide reliable plain English business, financial and legal education to investors, private business owners and executives, and their respective trusted advisors. Financial Poise content is created by seasoned, respected experts who are invited to join our Faculty only after being recommended by current Faculty Members. Our editorial staff then works to make sure all content is easily digestible. Financial Poise is a meritocracy; nobody can “buy” their way into the Financial Poise Faculty. Start learning today at https://www.financialpoise.com/

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Rachel Starzyk
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