How to Build Your Emergency Fund – When You Have No Money

Posted on 15. Oct, 2020 by in Cashflow, Disaster Plan, Small Business Tips

This year’s pandemic highlights the importance of having enough money set aside in an emergency fund to cover six to nine months of key expenses should you lose your job. But how do you build an emergency fund if you don’t have any extra money? The easiest way to accomplish this is by reducing your […]

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Create a Financial Plan with a Built in Cash Cushion

Posted on 01. Nov, 2012 by in Misc. Articles, VirtualConnections Newsletter

Building a financial cushion for your business is never easy. Experts say that businesses should have anywhere from six to nine months’ worth of income saved in the bank. If you’re a business grossing $250,000 per month, the mere thought of saving over $1.5 million dollars can be overwhelming. What may be a well-advised idea […]

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