Episode 024: Working Capital

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As the COVID-19 pandemic continues to change our world, companies are forced to change the ways that they do business. For many companies, one of the greatest concerns of today is obtaining the working capital needed to help their business survive this season.

In this special edition of The Wrap, our hosts welcome Hanny Akl, CPA, CFE, CEPA, CVGA, a Member of Warren Averett and the Firm’s Transaction Advisory Services Practice Leader, and Roger Spain, CPA, CFA, a Principal in Warren Averett’s Outsourced CFO practice, to discuss working capital and the things that businesses should do and know in order to make a strategy, execute a plan and make strong decisions in an uncertain time.

This podcast episode features discussion about:

  • The main things that companies should know in order to project how much working capital they’ll need
  • The metrics to consider for making informed decisions for your business when it comes to working capital
  • How to maximize liquidity
  • The importance of communication with external vendors and lenders
  • Considerations for mitigating the impact of payroll costs when considering working capital

This episode reflects our views at the time this podcast episode was released and should be used as reference only. We recommend that you talk to your Warren Averett advisor, or another business advisor, for the most current information or for guidance specific to your organization.

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