Do Not Assume Your Profitable Company Has Strong Cash Flow
A dangerous assumption that many business owners make is that, if their companies are profitable, their cash flow also must be strong. But this is not always the case. Taking
A dangerous assumption that many business owners make is that, if their companies are profitable, their cash flow also must be strong. But this is not always the case. Taking
Business owners sometimes mistakenly equate profits with cash flow. Here is how this can lead to surprises when managing day-to-day operations and why many profitable companies experience cash shortages. Working
If your profits are falling compared to revenue and assets, your financial statements may provide insight into what is happening and how to improve your performance. Watch for red flags