The Shocking Truth About Small Business Cash Reserves
Sep 1, 2025
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I know um what does um uh Douglas Adams
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I know um what does um uh Douglas Adams
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I know um what does um uh Douglas Adams says 42 is the answer to everything but
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says 42 is the answer to everything but
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says 42 is the answer to everything but uh really in the small business world 27
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uh really in the small business world 27
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uh really in the small business world 27 is the real answer which is uh 27 is the
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is the real answer which is uh 27 is the
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is the real answer which is uh 27 is the number of days on average that small
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number of days on average that small
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number of days on average that small businesses have cash reserves for. And
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businesses have cash reserves for. And
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businesses have cash reserves for. And in the service industry when you are
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in the service industry when you are
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in the service industry when you are uh you know when you've invoiced
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uh you know when you've invoiced
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uh you know when you've invoiced somebody uh and you're waiting for money
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somebody uh and you're waiting for money
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somebody uh and you're waiting for money for more than 27 days it starts getting
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for more than 27 days it starts getting
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for more than 27 days it starts getting antsy and um you know not all your
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antsy and um you know not all your
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antsy and um you know not all your viewers might be aware about how service
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viewers might be aware about how service
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viewers might be aware about how service industry and invoicing