60. Why is Cash Considered King for a Business Owner?

You’re listening to the The Fit Wealth Show. Today, we are talking about the importance of having cash on hand as a business owner. It’s crucial not just for expanding your business but also for seizing unexpected opportunities that might come your way. Having readily available funds could allow you to act quickly on opportunities, potentially driving significant growth in your net worth. Today, let’s talk strategies to maintain a healthy cash reserve and how it can propel your business forward. 

• In this episode we share our story of how us having cash opened a door for an investment property
  
• We walk through the business owners financial order of operations
• Where do future dreams come in, in business?
• What about low interest debt payoff? 

Thank you for listening to the Fit Wealth Show. If you liked this episode, please be sure to subscribe and leave a review. Find me on Instagram at the @fitwealthadvisor or if you’d like to know how you can work with me directly, Visit me at fitwealthadvisors.com 

Please visit Shawn on Instagram at @shawnhanquist  

The Fit Wealth Show is brought to you by Fit wealth advisors. Fit Wealth Advisors is an investment adviser registered under the Investment Advisers Act of 1940. Registration as an investment adviser does not imply any level of skill or training. This presentation has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation.