I’m curious how other small business owners handle their revenue. We have a significant amount (100K+) in a business checking account that gains minimal interest. But should we be keeping it in a high interest savings account or even some of it in a CD account instead? I’m concerned about our ability to keep up with inflation, but also need to keep a certain percentage liquid as well in case of emergency. Any advice?

  • per54@alien.topB
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    1 year ago

    Keep it in a HYSA. Transfer over what’s need at the end to make payroll/CC payments.