Discussion Post
• One of the key reasons that businesses fail is due to improper capital planning and a general lack of working capital (aka liquidity). It also happens to be one of the key reasons why people fail too. In personal finance, we know that you should have 3 to 6 months' worth of money set aside for emergencies, but what does it take to make sure that a business is properly liquid?
• As a society the US has one of the lowest savings rates in all of the developed countries. Why do we have such a hard time saving money?
The response should include a reference list. Using double-space, Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.