One Financial Habit That Can Save Your Firm

Does your law firm have enough cash to thrive through uncertainty?

Many firms miss growth opportunities simply because they lack a financial cushion. In this episode, Terrell A. Turner, CPA, breaks down how to build a strong cash reserve so your firm can make smarter, more confident decisions.

You’ll learn how to:

- Build a 3–6 month cash reserve without disrupting operations
- Develop daily and monthly cash management habits that support stability
- Use your cash buffer to seize opportunities instead of reacting to crises
- Gradually strengthen your firm’s financial flexibility and resilience

👉 Start building your firm’s safety net today with a proven cash reserve strategy that keeps your business steady in any season.

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Timestamps

00:00 Introduction: The Tough Conversations

00:12 Missed Opportunities Due to Financial Instability

02:03 The Importance of Cash Reserves

03:28 Building a Cash Reserve Strategy

05:51 Gradual Growth and Financial Cushion

08:37 Strategic Investments and Financial Flexibility

09:15 Investment Tips for Excess Cash

10:19 Final Thoughts and Next Steps

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Resources & Links

- Book a Discovery Call → https://calendly.com/tlturnergroup/bookkeeping

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About TLTurner Group

At TLTurner Group, we help law firms simplify finances, grow profitably, and make confident business decisions. Led by Terrell A. Turner, CPA, a nationally recognized finance expert, our team empowers law firm owners to gain control, clarity, and confidence in their numbers.

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#LawFirmFinance #CashManagement #LawFirmSuccess #FinanceForLawyers