I want to understand the negative impacts or downsides of having idle cash, such as potential losses, missed opportunities, or any other disadvantages it may bring.
7 answers
CryptoVisionary
Fri Nov 01 2024
Nor is it being utilized in a manner that promotes business growth.
Pietro
Fri Nov 01 2024
In fact, keeping cash idle can lead to financial losses.
Alessandra
Fri Nov 01 2024
One way this happens is through lost opportunities.
Eleonora
Fri Nov 01 2024
Having idle cash is detrimental to a business's profitability.
Lucia
Fri Nov 01 2024
When cash is not invested or used productively, it misses out on potential earnings.