They actually can. Businesses have a lot of profit that they pump directly into the hands of investors in the form of dividends and stock buy backs. They have massive capital expenditure projects. Many or all of these things could be put on hold or slowed so that cash-on-hand to handle expenses can be saved.
Business practices seem to say that saving money for a rainy day is a dumb move for the business, because profit is the only goal or money saved is wasted because it’s not doing anything productive. That line of thinking is just plain wrong. So much of the recessions that impacted so many and required massive government bailouts could have been prevented by increased cash-on-hand. The implication that you’ll go out of business guaranteed if you aren’t constantly investing in growth at the highest possible level is asinine.