InvoiceBerry Tips for for Freelancers & Small Businesses 9 Easy Finance Tips for Your Small Business Succes | Page 7
4. Seasonal cash flow
All businesses have cycles, and you need to prepare for when
your cash flow is in its low season:
• prepare by storing up cash flow as a buffer
• be savings-minded when you are in the high season
• be able to pay bills in your low season
For the most part, if you want your business to survive, first you
must understand what your cash flow seasonality is and learn to
prepare for it.