In part two of Working Capital and Your Business, Christina dives right into what you need to do in order to reserve at least two weeks of working capital in an account. What can sometimes feel like your business is drowning, is actually just you not having a working capital cushion set aside. The negative emotions that come from poor cash control, a lot of the time, makes business owners feel like their entire business is going down the drain. That is not true. Attaching your emotions to the financial fluctuations is not a good idea. All business no matter how big or small, deal with inconsistency in income. That does not mean that your business is actually failing. If you can maintain a working capital cushion, that will help alleviate the tension and uncertainty you feel about whether your business is going under.

In this episode you will learn:

1. What is a working capital cushion and how to create one?

2. Why it’s not a good idea to attach your emotions to the fluctuations of your income.