Cash Flow Triage - Part II Making the Nut

Us old timers use a phrase for the minimum cash flow we need in our personal lives and/or business operations.

Making the nut.

Where does that come from? No idea.

What I do know is that we need to do a quick calculation of our monthly business minimum.

Some have already done the calculation. Some know it by experience and instinct.

If you do not have a very exact budget of your monthly "nut" you need to do it right now. Then you need to start thinking about what could be cut or delayed.

If you are lucky enough to be in some sort of essential business that gives you plenty of cash flow, you could relax. Or you could do this anyway in case the problems last a long time or even get worse.