Effective Nonprofits - Smart Money Management Seminars
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Cashing In on Working Capital
Whether structured for-profit or not, every business needs working capital. Technically, working capital is the cash left over once outstanding bills have been subtracted from cash on hand. Our half-day course examines the specific working capital needs of nonprofits, the promising role this relatively new concept plays in the spectrum of philanthropic capital, and its stabilizing effect in nonprofits.
Although this is not a course for beginners, the "newness" of the concept will be useful to all but the smallest nonprofits. Board members and program staff alike will benefit from this course. Come learn:
- How to quickly strengthen your financial performance through working capital funds
- The difference between permanent capital and working capital
- When to use your own money and when to rely on debt and equity instruments
- How to accelerate the monthly cash conversion cycle
- How to take the gamble out of working capital loans
- How to build interest into operating budgets
Contact us for more information.
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