Episode 039: How To Build Reserves In Your Business

Is there such a thing as a stress-free business?

I don’t know that any business will ever be 100% stress free.

But you can minimize the stress you experience, by taking one small, but important action every single month – building up your cash reserve.

When you compare it to the alternative, living hand to mouth, it’s really no contest.

In this week’s podcast episode I discuss:

  • What a business reserve is, and why it matters
  • How much cash you should be holding in your business
  • What to do right now if your reserves are zero (or near to zero).

Useful links:

Book in for a one-off call with Jessica to discuss your business’ financial situation

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Profit First by Mike Michalowicz