Working capital management is relatively unimportant to the small businessperson.

Question

Quizplus · Accepted Answer

Working capital management is important for any business, regardless of size, as it involves managing the short-term financial needs of a business to ensure its smooth operations and cash flow. Failure to effectively manage working capital can lead to cash flow problems, missed opportunities for growth, and ultimately, business failure. Therefore, it is important for small business owners to prioritize working capital management.

Working Capital Management Is Relatively Unimportant to the Small Businessperson