Managing Working Capital, Bank Referral Scheme & Business Confidence – BFB Epsd 167
The one problem that comes along with growth is finding the right balance between having too much or too little cash tied up in working capital. In this Business Finance Bulletin, we look at a survey which reveals how much surplus working capital businesses are carrying.
The Bank Referral Scheme, which was launched late last year to help SME improve their access to finance, appears to have stumbled. We look at news that the government has instigated a review into why banks are not referring on enough clients who don’t meet their criteria.
To close the Bulletin we share findings that UK business confidence is at a 4-year high with SMEs appearing to shrug off any doubts about a lacklustre year ahead.
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In the Bulletin we mention three other videos to look at on how to manage your working capital:
How to Calculate Your Stock Turnover Ratio
How to Calculate Your Debtor Days Ratio
How to Calculate Your Creditor Payment Ratio
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If you would prefer to listen to the podcast version you can click below or download to listen to later via our Soundcloud, Stitcher or itunes channel.