Most business owners will quickly admit that things don’t always go according to plan.
One minute, everything is clear blue skies, and the next, an unforeseen circumstance knocks you over like a hurricane.
Whether a crucial piece of equipment breaks down or there’s a sudden lull in sales, a cash reserve can provide relief when unexpected expenses threaten your cash flow.
So how do cash reserves work, and how can you build one yourself?
To find out, follow this small business guide to learn everything you need to know about cash reserves.