Let's talk about working capital. What exactly is it, what can be included, and why is it important to your bank and bonding company? We'll answer those questions and provide some tips to understand and increase your working capital on this week's episode.

Topics we cover in this episode include:

• Definitions to know: asset, liability, and current
• Why working capital is important to bonding companies and banks
• Working Capital Ratio
• What bonding companies take into account when adjusting working capital
• How to increase your working capital at the end of the year

LINKSVisit the episode page at https://contractorsuccessforum.com/workingcapital for more details and a transcript of the show.

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Wade Carpenter, CPA, CGMA | CarpenterCPAs.com
Stephen Brown, Bonding Expert | McWins.com
Rob Williams, Profit Strategist | IronGateESS.com