When I was growing up on a farm and operating equipment, it was important to grease each of the moving parts on the equipment each day. That kept the equipment operating properly throughout the day.
The same fact is relevant today in business building. There has to be adequate lubricant in the business machine to keep it operating smoothly; the lubricant in every business is CASH; cash to keep the vendors, lenders, employees, etc. operating smoothly.
Business with $100k in the bank will have a much easier time building their business than those that are always cash tight (line of credit maxed out and creditors banging on their doors). Want to achieve that $100k in the bank? Develop a plan that will grant you that goal in 6 to 12 months, most businesses can attain it in a relatively short period of time with a plan that focused on profit and cash flow.
