You bank account is not an indicator of how much available cash you have in your business. Treating as such is going to have scary consqeuences down the line.

Takeaways:

• Keep a close eye on your cash flow, especially during the high-spending Q4 season.
• Understand your current cash flow situation to ensure you can cover essential expenses.
• Plan for both personal and business expenses during the holiday season to avoid cash shortages.
• Assess your spending habits in Q4 to maintain liquidity for necessary investments next year.
• Establish a budget that accounts for both expected income and potential expenses in Q4.
• Create a strategy to maximize cash flow and ensure financial security for 2025.