Cash Reserves for Business Owners: Personal vs. Business Emergency Funds

Comparison of a personal emergency fund and a business cash reserve, the two cash reserves business owners need

There’s a specific kind of anxiety that comes from not knowing your number. Not your net worth, not your retirement number, just the smaller, more immediate one: how much cash should be sitting in the bank right now, waiting for something to go wrong. For business owners, that question has two answers, because you need … Read more