Surviving the Storm: Why Cash Reserves Matter

Notes to Young Leaders | 19 December 2022

A note to young business owners.

Until you’ve got sufficient cash reserves to survive a sudden or severe downturn, you’re not really in business – you’re in a casino.

Bear that in mind as the US, UK and the European Union prepare for a recession in 2023.

So if today you find yourself in the casino, start preparing your exit immediately.