Idle Funds...What should be done with Idle Funds in a Small Business?

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Idle Funds...What should be done with Idle Funds in a Small Business?

2007-06-28 15:49:41 · 3 answers · asked by jc207 2 in Business & Finance ➔ Small Business

3 answers

Put a portion in expansion or improvements to the business, and invest some for long term growth and security for the business

2007-06-28 15:52:35 · answer #1 · answered by Mike Frisbee 6 · 0⤊ 0⤋

Keep the first $100,000 or so in a Money market account for covering cash flow problems then invest in CDs.
If you are sure the company can't use the money give it to the shareholders or owner as wages or dividends.
Consider hiring more employees or increasing you sales force.
Too much money is a good problem.

2007-06-28 23:11:43 · answer #2 · answered by shipwreck 7 · 0⤊ 0⤋

Use them carefully

2007-06-28 22:53:11 · answer #3 · answered by mohan r 2 · 0⤊ 0⤋