Building a Strong Cash Reserve for Your UK Business

We often hear about emergency funds for personal finances, but what about for your business? A cash reserve is a crucial financial safety net, protecting your business from unexpected downturns.

Here’s why you need one:

• Sole traders – If you plan a long holiday or go on parental leave, your income could drop. A reserve ensures you can cover fixed costs.
• Startups – Business profits often fluctuate in the first few years. A cash reserve helps during slower months.
• Product-based businesses – Machine breakdowns, stock damage, or product refunds can be costly. Setting aside profits ensures you’re financially prepared.

The key? Plan ahead and allocate a portion of your profits to a reserve fund. That way, your business stays stable even when revenue dips.

Want to create a solid financial foundation for your business? Join my next webinar on March 26th 11AM!