A common rule of thumb is to have enough cash saved cover at least ______ of basic personal living expenses before starting a business

Question

Quizplus · Accepted Answer

It is generally recommended to have enough cash saved to cover at least 6 months of basic personal living expenses before starting a business. This allows for some financial cushion in case the business takes longer than expected to generate a steady income or faces unexpected expenses.

A Common Rule of Thumb Is to Have Enough Cash