Imagine if you had a crystal ball and you knew your business would be affected by a recession five years from now. What shape would you want your business to be in that would give you peace of mind.
How much cash would like in the bank, what are your products/services, how are you working and who is on your team?
There are many things we can’t control but we can get our business to a place that has the cash flow we need if anything unexpected happens.
The recent events have been a wake up call for many entrepreneurs. It is time to build a business with enough runway to weather uncertain times should they arise.