According to Today’s news and events, the economy is stalling, the job report had just came out as less than expected, last week, the unemployment came out as less than expected. Yesterday, President Elect, Joe Biden had just said that the economy is stalling, and will stall more as long as theres no stimulus checks distributed to individuals and small businesses. This horrendous covid19 pandemic is increasing in the amount of cases and deaths. What should the small and mid-sized business owner do in this uncertain economic environment ?
The answer is simple. THEY NEED TO INCREASE CASH RESERVES . Usually this is done by securing Fresh New Additional Working Capital …
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Good Luck and Stay Safe !!!