Scotty and Nikole discuss smart strategies for managing excess cash in your business. From saving and paying off debt to investing in your business, personal investments, and even philanthropic efforts, they cover six effective ways to use your surplus cash.

Chapters:

0:00 Teaser

01:28 Hosts' Banter and Episode Milestone 

02:15 Managing Excess Cash: Six Smart Strategies 

03:08 How Much is Too Much Cash? 

06:56 Personal Investment Options 

09:02 Venture Capital Investments and Hard Money Lending 

10:40 Investing Back into Your Business 

12:32 Real Estate Investment Strategies 

17:55 Philanthropy and Giving Back 

21:15 Conclusion and Call to Action

📣 Shout Outs: Acuity Cares

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Nikole Mackenzie

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Momentum Accounting

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Scotty OKR Scarano

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Padgett NC

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Accounting High

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