Unlock the Hidden Treasury Secrets That Every Small Business Owner Overlooks—And Why It Could Make or Break Your Empire
Stack Up a Liquidity Safety Net
Sure, credit lines and last-minute loans from business funding services sound tempting, but they aren’t always your superhero when chaos strikes—think broken machines, unexpected dips in sales, or emergency repairs. stash away a contingency fund that can cover three to six months of your operational costs. It’s like your business’s financial parachute.
Make sure you squirrel this cash away in a separate bank account so you’re not tempted to raid it for day-to-day expenses. High-yield savings accounts are perfect for this mission—doing the work without you lifting a finger. That cushion? It’s your ticket to keeping the wheels turning smoothly, no matter what.
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