Building Working Capital with Walter Lynn

Today’s special guest is Walter Lynn and we’re talking all about building working capital and the importance of our approach to it right now. Walter explains the significance of understanding the dollar amount of working capital, maintaining liquidity, and setting appropriate targets. The conversation also covers strategies for improving working capital and navigating market cycles, providing practical advice for ranchers to manage their financial health effectively.Walter Lynn has a decades-long portfolio of experience working with NGOs, businesses and industry leaders involved in all facets of production agriculture, agribusiness and conservation. He currently serves as a board member and was past chair of Holistic Management International. He had a niche CPA firm that worked with Ag producers in approximately 15 states with an awesome team from Springfield, Illinois.In this episode, we cover:What exactly working capital is and the basic components of it How to improve working capital and how it changes The significance of understanding liquidity and its impact on financial healthMake sure to hit subscribe/follow so you never miss an episode!Find the complete show notes here: https://www.ranchrightllc.com/post/building-working-capital-with-walter-lynn-episode-10 Connect with Ranch Right, LLC:Subscribe on YouTube Follow on Instagram @ranchrightllcFollow on FacebookCheck out the websiteConnect with Walter:Follow on X/Twitter @bovineacctResources & Links:Book a Free Discovery Call to Learn MoreRanching for Profit Ranching.FYI Wally Olson, Olson Ranch LLC Mentioned in this episode:STRATEGIC RANCH SIMULATIONS: JOIN THE SIMS HERE