Ready to grow, but wondering where the money will come from? Free working capital trapped in your organization. Even flourishing business can find itself hamstrung by a lack of ready cash. The Control of Working Capital shows how to unlock cash that is tied up in unproductive aspects of the business.

Carruthers (John Cleese) has struck out on his own! Since learning the basics of finance in The Balance Sheet Barrier, Carruthers feels ready to be his own boss. As he takes the financial reins of his new company, Carruthers is eager to implement his exciting plans, many of which use precious working capital.

Fortunately, Carruthers has a financially savvy friend named Scroggs (Ronny Corbett) who is happy to explain the meaning of working capital. He shows Carruthers where working capital is locked up in the business and how to free it.

To avoid future problems, Scroggs instructs Carruthers in two techniques of working capital control: sales forecasting and regular meetings of all people responsible for keeping down the level of working capital.

Learning Objectives:

• Recognize both the financial hand human sides of working capital control
• Understand the connection between time and money

Suggested Uses:

• Finance for nonfinance managers
• Business skills
• For all employees in self-directed teams and “open-book” companies

Objective: To enable managers to understand the concept of working capital and how they can free it to be used in the business.

Customers won’t pay on time, suppliers won’t deliver until bills are paid; spare capital is tied up in work-in-progress. It’s a ‘catch 22’ situation that can bring a business to its knees.

This humorous video makes the subject easy to understand and proposes ways of avoiding the traps that lie in wait for the unwary manager. We are shown where capital is locked up in a business and how to free it up and how sales forecasts and regular meetings can help control working capital.

Features and applications:

• Assumes no prior knowledge of finance
• Financial jargon is avoided in favour of everyday language
• Managers are taught to focus more on the performance of the business as a whole and not just day-to-day processes.

Key Features Include:
video and leader's guide

Key Skills:

• Money Management
• Asset Management
• Budgeting Skills
• Financial Skills
• Cash Flow Management