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BUSINESS ADVISE : WORKING CAPITAL IS BACKBONE, NEVER BREAK IT.

Client & Friends, Coming across many clients where i can see them moving towards financial stress year over year. One of the common reason seen is poor working capital management. Have seen clients where they have diverted the working capital for long-term purpose i.e. Buying Home or Office or doing major renovation or major investment. This over a period resulted in to stress in working capital management and down fall in business. Working Capital is backbone, clients are advised to never ever break it. In case of doubt, one can take suitable advise before taking any major step of investment. CA. Chirag Varaiya

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