There is a constant,tireless thought that goes through a business owners mind. The question lingering like the emotional high of a strong scent of urgency. It is the question,as a small business owner of "Do I have enough in cash reserves". You would think this is key when financially planning for all your personal finances.Why wouldn't it be the same for your small business? Well, it should. Let's consider some areas which will bring the imperative to light starting with- Late payments. It's nice to know you have access to companies who deal in  third-party payment processing. Who,if not these knights of customer driven failed financial obligation. Maybe an agressive means will have to take place such as filing a small claim(expensive),contacting a collection agency or other. You get the picture. In cases of late payments make sure that you keep an eye on the small orders,these orders can add up,in turn can cost you a pretty coin later. This is why your cash reserves can and will play a pivotal role in lifting you up from out of the rock and hard place. Slow business periods. It is highly likely you have experienced this within the past 2 years of the recent economic downturn. However, in times like these if you have a cash reserve you can dip into it for a bit extra money that is essential to pay for utilities,suppliers, and employee staff. Unexpected Expenses are an extremely common when considering your cash reserves. You never know when your servers or power supplies burnout, windows broken due to unexpected harsh weather conditions(based on your region of the U.S.),or any emergency repair which may be necessary to fix within a 24 hour period.

 Source: BFS

 - Financial Profitude
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