Short answer: Map your year month by month, set aside cash during peak months, and have a line of credit ready for the off-season and the pre-season buying that comes before your busy months.
Know your calendar
Lay out the last two years of revenue by month. Mark when you spend the most on inventory, staff and repairs. Most seasonal owners find the tightest stretch is right before the busy season, not during the slow season itself.
Save in the good months
Put a fixed percentage of every peak-season deposit into a separate account. It’s much easier to save when money is coming in than to find it later.
Cut what you can in the slow months
- Pause subscriptions and services you won’t use
- Schedule repairs and maintenance for downtime
- Talk to your landlord or suppliers about seasonal payment schedules
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Use a line of credit for the gaps
A line of credit fits seasonal businesses well. Draw in the slow months or ahead of peak season, then pay it down when the money comes in. Set it up before you need it so it’s ready.
Businesses this applies to
Landscaping, pool and HVAC companies, tourism and hospitality, retailers with holiday peaks, farms and many contractors in colder states all deal with seasonal cash flow.
