Comments on: So, what if you run out of money?

By: Lauren

Lauren — Wed, 22 Jul 2020 09:58:42 +0000

Yes, cash is the life of business and without it, business will not grow. Thanks for sharing this article. This is a very useful and comprehensive post. Thanks for sharing this.

By: FactorLoads

FactorLoads — Fri, 05 Jun 2020 11:55:29 +0000

Yes, I totally agree with what you said. I think that it’s very important not to get out of money when running a business to avoid issues. Thanks for sharing this article.

By: Debtor Finance

Debtor Finance — Wed, 22 Apr 2020 00:33:04 +0000

Yes,I totally are with what you said. I think that it’s very important that the business won’t get out of cash. I think that if it happen it will have a bad impact to business. We should handle our business finances well. Thanks for sharing this article.

By: Bruce Carlin

Bruce Carlin — Tue, 08 May 2018 17:20:06 +0000

I recall reading a book when I first started my company that addressed this, and throughout the 15 years I ran the company prior to selling it, a few words from that book were always in my head. The phrase the author used was “growing broke”, meaning of course growing without the firepower (oil) to make the people investments necessary to handle the growth. That always stuck with me. Check your wallet: invest if it’s fat, wait if it’s not.

By: Alan

Alan — Tue, 01 May 2018 17:21:31 +0000

It’s a good article Dave, thanks for posting it.

I recall reading that Bill Gates, when Microsoft was young, demanded company always have a year of cash needs in the bank. Of course, software development is people intensive, rather than capital equipment intensive.