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A Cash Flow for All Seasons

How to finance your future

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This story appears in the June 2010 issue of Start Up.

Q: My wife and I are thinking of buying an ice cream parlor and antiques shop in our downtown historic district, but we're worried about how we're going to cover our costs in the winter when business is slow. Any advice?

A: The toughest part of running a seasonal business is managing your cash flow. Whether you're selling ice cream, pool supplies or landscaping services, you've got to plan ahead for the months when bills are due and there's little cash coming in to cover them.

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