Rainy Day Fund -- Building Working Capital in Good Times
Troy Wilson, David M Kohl, Dixie Watts Reaves, and Amanda Wilson ( June, 1997 )
Summary
In order to survive in the long-run, businesses must prepare for the difficult times by saving during the good times. It is essential to build working capital, or liquidity, during profitable periods that will carry the operation through the inevitable periods of break-even returns or losses.
Details
| Organization | Virginia Cooperative Extension |
| Publisher | Virginia Polytechnic Institute & State University |
| Publication Date | June, 1997 |
| Publication Views | 922 |
| Material Type | Written Material |
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