Audit Your Working Capital for Hidden Risks

List your largest outstanding accounts receivable and accounts payable. Assess how much cash is tied up waiting for customer payments and what you owe suppliers.

Calculate your trade working capital. Add up accounts receivable and inventory, subtract accounts payable. Compare to your cash reserves.

Negotiate or experiment with at least one term. Try to collect faster from one major client or seek longer payment terms from a key supplier, even if by a few days.