By: ren

ren — Sat, 21 Jun 2008 06:36:33 +0000

Thanks for the add-on. And Benjamin Franklin agrees with you when he said: Failing to plan is planning for failure.

By: Steve Coleman/Business Management Basics

Steve Coleman/Business Management Basics — Sat, 14 Jun 2008 03:43:14 +0000

Ren,

Lack of WC can be a disaster for any business but:-

1. Lack of WC follows from lack of adequate business planning.

2. Even with adequate WC one needs some financial education to be able to manage the capital properly.

3. With adequate accounting management one can be forwarned of a pending lack of WC needed to meet pending expenses and so prepare.

Being prepared always makes life easier.

Steve Coleman