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  <title>#106 Why you need cash reserves to weather the storms</title>
  <description>How much of a cash reserve should you have? There will always be storms that come in, and you must be able to endure those storms. Most people don't build enough of a cash reserve in their business, or they always spend any spare cash, often running the business without an adequate cash buffer.&amp;amp;nbsp; How much cash should you have in your business? What is a good or bad cash buffer? Why is it important to maintain a cash buffer in your business?&amp;amp;nbsp; We answer these and more questions in this week's episode. &amp;amp;nbsp; &amp;amp;nbsp; ----- * Do you love The Growth Whisperers and want to see our smiling faces? Subscribe to our YouTube channel. * Do you enjoy our content? Rate our show! * Follow us on Twitter @Evolution_Perth and @lawrenceandco1 Learn more about building enduring great companies. ----- &amp;amp;nbsp; ----- Links: *https://evolutionpartners.com.au/ *https://lawrenceandco.com/ ----- Additional episodes you might enjoy: # 50 Jim Collins Flywheel Concept: How to build unstoppable momentum in your company # 16 Jim Collins # 84 The 7 common strategy mistakes from Michael Porter # 43 The top 7 best practices for weekly meetings&amp;amp;nbsp; # 69 What is a Topgrading virtual bench and why you need one # 88 The hidden cost of not having a team of all A-Players </description>
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