mm10577 mm10577
  • 23-05-2020
  • Business
contestada

How much should be in the reserve for fixed expenses?

Respuesta :

gladylamby
gladylamby gladylamby
  • 23-05-2020

Answer:

The short answer is that your cash reserve should be sufficient for you to feel comfortable running your business. Some experts recommend having three months of expenses. Others recommend six months. I would suggest speaking to your CPA or financial adviser to determine the right number for your business.

Explanation:

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