Strategies For Accumulating Cash

[Bryan Hancock]

I was wondering if any of my fellow BPers would care to share their strategy for accumulating cash reserves.  Like many on this board I get a ton of deal flow and it is hard to manage purchasing new projects, business growth initiatives, and liquidity for shoring up creditworthiness at the banks.  

What do you do to make sure you stay liquid enough to give yourself staying power in hard times?  Do you have target percentages for compensating balances?  Do you do something else?  Based on your strategy how do you ensure your cash position is proper given the debt you have and your goals for growth?