As Tesla CEO Dispels Poor Financial Condition, The Business Finance Store Discusses the Importance of Cash Reserves in New Blog Post

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Tesla CEO Elon Musk claims their recent $225 million stock sale is a precautionary measure, serving as a cash reserve in case of another supplier disruption.

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Forbes reported that CEO Elon Musk said Tesla Motors will have positive cash flow despite selling over $225 million in stock recently. According to the report, the stock sale serves as a precautionary measure in case Tesla suffers another supplier disruption. As Musk showed, cash reserves are important for businesses to have "in case of a rainy day." In the recent blog post, "Cash Reserves and Your Small Business," The Business Finance Store discusses how and why cash reserves are important for small businesses.

Although the significance of cash reserves can't be stressed enough, it isn't always obvious how much to save up. To learn more about small business cash reserves, visit The Business Finance Store Blog.

The Business Finance Store is a business financing and consulting firm that offers customized Business Financial Solutions. Seasoned professionals offer assistance in a variety of financial solutions to help small businesses succeed such as: Business Financial Solutions, Legal Solutions, and Accounting Solutions.

The staff at The Business Finance Store understands that starting and growing a business is an exciting time. They keep it exciting by taking care of some of the most difficult aspects, by providing legal advice, helping with vital responsibilities like accounting & bookkeeping, and by obtaining business finance. They can quickly and easily guide entrepreneurs through many different complicated processes and put them on the path to success.

For 10 years The Business Finance Store has been helping startups and other small businesses legally structure their companies, find the right franchises, get the funding they need, and achieve the American Dream of owning their own successful business. Since expanding nationwide in 2007, they have helped thousands of companies and have funded over $60 Million in business credit lines, not including SBA loans. The Business Finance Store sees limitless potential in the current climate, and looks forward to many strong years of growth to come. Take some time to review their services, and give them a call.

For more information, or a free, no-obligation analysis of your business needs, visit The Business Finance Store website: A member of their professional staff will contact you to discuss your business' short and long-term goals. Whatever you need, The Business Finance Store is there.

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Kelly Rye
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