Financially Simple

In episode 121 of Financially Simple, Justin advises on how much cash a Business should have on hand. Money in the bank is always good to have, whether it's to see you or your business through hard times. Justin goes over a simple strategy for having enough for yourself as well as your business - just in case of unforeseen circumstances; as well as when it's not good to have too many cash assets. Don't forget to subscribe, and let us know how we are doing by leaving a review. Thanks for listening! ARTICLE TRANSCRIPT: BLOG: How Much Cash Should You Stash in Your Business and Personal Accounts?   TIME INDEX: 00:28 - How Much Cash Should My Business Hold? 01:28 - The Four Account Method 03:26 - Personal Accounts 05:53 - Business Accounts 08:53 - Cyclical Businesses 10:35 - Focus on the CFO 11:02 - Money in the Bank 12:09 - Summary   USEFUL LINKS: Financially Simple Financially Simple on YouTube Financially Simple on Facebook Financially Simple on Twitter _______ BIO: Justin A. Goodbread, CFP®, CEPA, CVGA, is a n