In this episode, Dawn talks about protecting your business and the strategies for doing it. The Bureau of Labor reports that every year 1 in 12 businesses closes and only 4 out of 100 businesses survive past the 10-year mark. According to a US Bank study, 82% of companies fail because of cash flow problems. Protect Your Business!

In this episode Dawn discusses…

Why protection is so incredibly important. (:45).

Protecting the 4 walls of your business. (1:36).

What happened after her husband’s accident in 2013 and what Dawn had to do. (2:00).

How to fund an Emergency Fund. (3:04).

The last thing she wants you to do to meet expenses. (3:55).

What you should never use your Emergency Fund for. (4:35)

The mechanics of funding your Emergency Fund. (5:46).

Why your Emergency Fund must be a separate account. (6:48).

A couple of different approaches for filling the Emergency Fund. (7:26).

Once you have it fully funded. (11:19).

Resource links:

Simple Strategies to Build a Business Emergency Fund blog post. https://entremoneycoach.com/blog/business-emergency-fund/

Entre Money Coach Website- www.entremoneycoach.com

Links and Freebies- https://entremoneycoach.com/linktree/

What Clients Say About Working with Dawn- https://entremoneycoach.com/about-dawn/

In-Depth Information, Tips, and Strategies- https://entremoneycoach.com/blog/

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