There’s a solution to overcome financing challenges as a small business owner. Enter: Working capital.
Imagine this—you land a dream project with a dream client. If you take it, this could be a gamechanger for your career. For a short time, you bask in the excitement an opportunity like this brings. But then it hits you. “This project is huge; how will I ever get the money to fund it?”
This is where working capital comes into the equation. By making a few calculations, you can determine how much working capital you have and need to get the job done. And if you’re still in a pinch, you can finance your unpaid invoices with an ally like Fundbox, a FreshBooks partner.
Want to discover how working capital can help give your business a boost? Download our free eBook, Don’t Wait to Grow Your Business: Unlock Your Growth Potential with Working Capital.
about the author
Nick Darlington is a feature writer, B2B Blogger, copywriter, and co-founder of WriteWorldwide. If you’re a business looking to create a stronger brand, gain industry authority, capture more leads and get more clients, visit nickdarlington.com.