• 82. Business Money 301: Cash Reserve

  • Sep 17 2024
  • Length: 8 mins
  • Podcast

82. Business Money 301: Cash Reserve

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  • Summary

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    This episode talks about the importance of maintaining cash reserves for solo consultants. Erica discusses the reasons for having a cash reserve, such as covering unexpected expenses or taking advantage of sudden opportunities.

    (00:00) Introduction to the Podcast

    (00:51) Today's Topic: Cash Reserves

    (01:05) Why Keep Cash Reserves?

    (01:24) Examples of Cash Reserve Needs

    (03:45) How Much to Keep in Reserve

    (05:10) Where to Keep Your Cash Reserves

    ___________________

    Related Episodes:

    3. Business Money 101: Overview

    4. Business Money 101: LLCs & EINs

    5. Business Money 101: Business Insurance

    6. Business Money 101: Bank accounts

    7. Business Money 101: Bookkeeping

    44. Business Money 201: Intro

    45. Business Money 201: Paying the IRS

    46. Business Money 201: Paying Yourself

    47. Business Money 201: Charitable Giving

    ____________________________________________

    Connect with Erica     | LinkedIn | Website | Newsletter
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