In order to correctly understand the mechanics and implications of a firm’s working capital, we need to take into account a firm’s financial needs for operation, or FNOs. A firm’s FNOs are the level of operating investment needed for the company... 

Many industries are characterized by high seasonality. A seasonal business is one in which the majority of its sales occurs during a short period each year, or a business that experiences substantial changes in trading activity throughout the year. Typical... 

The opportunities to improve profitability by the efficient handling of inventory for small business are endless. Inventory isn’t gray, like marketing, or in the future, like sales; it is here, today, on your shelves, available to touch and feel...