Working Capital Management

In this introductory video, Professor introduces the Working Capital Management course by Bada Business and his co-professor. The focus is on understanding the impact of working capital management on businesses and addressing daily payment challenges. Key points include:

1. Course Highlights:

• The course covers essential aspects of working capital management, including daily payments related to suppliers, collections, cash payments, interest, salaries, marketing, and tax.
• It incorporates case studies, frameworks, business ratios, and practical implementation strategies for managing working capital effectively.

2. Course Objectives:

• The course aims to equip business owners with the skills to:
  • Effectively manage working capital.
  • Address cash shortages.
  • Learn how and when to manage payments.
  • Manage cash flow on a weekly basis.

3. Key Elements of the Course:

• Case Studies: Real-life scenarios to illustrate working capital management principles.
• Frameworks: Structured models to guide businesses in managing their working capital.
• Business Ratios: Financial metrics to assess and improve working capital.
• Implementation in Balance Sheet: Practical application of ratios in financial statements.
• Operating Cycle and Cash Cycle: Understanding and calculating these cycles for effective financial management.

4. Course Strategy:

• Professor recommends participants make detailed notes during the course.
• Encourages sharing key learnings with their teams to implement strategies collectively.

5. Expected Outcomes:

• Participants can expect to gain valuable insights into working capital management, enabling them to make informed decisions and optimize daily financial operations.

The course is positioned as a comprehensive guide for business owners seeking practical knowledge and skills to enhance their working capital management practices.