How does a company increase working capital?

Some of the best ways to increase working capital as a business are:

  • Manage expenses better to improve cashflow.
  • Incentivize receivables.
  • Establish penalty for late payments.
  • Negotiate on vendor payment terms.
  • Reduce costly debts.
  • Take advantage of tax incentives.
  • Improve inventory management.
  • June 15, 2021