{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"#106 Why you need cash reserves to weather the storms","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;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;nbsp; We answer these and more questions in this week's episode. &amp;nbsp; &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;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;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 ","author_name":"The Growth Whisperers podcast","author_url":"http:\/\/thegrowthwhisperers.libsyn.com\/website","html":"<iframe title=\"Libsyn Player\" style=\"border: none\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/22711388\/height\/90\/theme\/custom\/thumbnail\/yes\/direction\/forward\/render-playlist\/no\/custom-color\/88AA3C\/\" height=\"90\" width=\"600\" scrolling=\"no\"  allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen><\/iframe>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/item\/22711388"}