Does your small business need working capital? Chances are good that sometime in your career, you’re going to, so that’s the assumption we’re working off of for this post.
Determining how much working capital you need and what you need it for can be a difficult proposition, but we’d very much like to help you get a handle on that. In addition to some of our other small business calculators that have been posted at BizEngine, we’d like to offer up a calculator designed to help you figure out how much capital you’ll need for your next expansion or simply to keep your business going.
So I present to you the working capital needs calculator, courtesy of the brilliant team at Direct Capital. All you need to do is punch in the percentage of your annual growth, you total assets and liabilities and your target ratio, and the calculator will give you a helpful suggestion for how much you may need to increase your capital by.
I think this can aid you as you deliberate acquiring working capital, and I hope you’ll explore it and bookmark the page for future use.
Let us know if you found this calculator helpful. We’ll be updating our other list of tools in the near future, so stay tuned for that.