The temptation is great to spend the money when its starts coming in. The best thing to do with the money is to keep it in the business, ready when you need it. The first business goal is survival. Profit is secondary. With long term survival you get long term profit.
Cash ensures survival.
Many a business has made phenomenal early profits, only to fizzle and die because there wasn't enough ready cash to meet obligations. If a business starts out well, you have to be very careful not to become too optimistic and spend all the money. Chapter Home Life in the USA Home Page . You'll be able to access all 18 topic areas of this site. Also you'll find a link to the guestbook.