What Is The Formula To Determine How Much Cash Reserves A Business Sh

1.	What Is The Formula To Determine How Much Cash Reserves A Business Should Hold?
Answer» ALWAYS have enough cash RESERVES to COVER your slow months in business. You should be safe if you can have 3-6 months or more to cover all unknown or variable expenses that may come up. Always consider increasing your sales and MOVING your inventory as QUICKLY as you can. Always have enough cash reserves to cover your slow months in business. You should be safe if you can have 3-6 months or more to cover all unknown or variable expenses that may come up. Always consider increasing your sales and moving your inventory as quickly as you can.

What Is The Formula To Determine How Much Cash Reserves A Business Should Hold?

Answer»

ALWAYS have enough cash RESERVES to COVER your slow months in business. You should be safe if you can have 3-6 months or more to cover all unknown or variable expenses that may come up. Always consider increasing your sales and MOVING your inventory as QUICKLY as you can.

Always have enough cash reserves to cover your slow months in business. You should be safe if you can have 3-6 months or more to cover all unknown or variable expenses that may come up. Always consider increasing your sales and moving your inventory as quickly as you can.

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