04 \\ How Much Cash Should You Keep in Your Business Bank Account?
- Author
- Tiffany Phillips - CPA, Small Business Money Mentor, Financial Expert
- Published
- Wed 05 Oct 2022
- Episode Link
- https://smallbusinessfinance.podbean.com/e/05-worried-about-cash-flow-top-tips-for-small-business-owners/
Not sure how much money should sit in your business bank account? This episode breaks it down step by step. You’ll learn how to calculate your monthly expenses, how to plan for future growth, and why keeping three to six months of cash reserves is critical for small business finance. We cover how to read your profit and loss statement, what to track every month, and how to avoid draining your account without a plan. If you’ve ever stressed about payroll, unexpected expenses, or how to balance saving and reinvesting, this is the finance advice you need to protect your business and make smart money decisions.
Next Steps:
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