“Cash is king” is an age-old saying often used to explain the failure of both businesses and consumer households. Without the proper amount of cash on hand, both of these entities can run into major trouble, and even be forced into bankruptcy. Businesses must have cash on hand for various reasons, such as investing in [...]
Reasons Why Cash Is King for Businesses & Individuals is a post from the Money Crashers personal finance blog.
Source: http://www.moneycrashers.com/why-cash-is-king/
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