Posts Tagged: bookkeeping

Cash isn’t the same as profit. Cash is King!

We all know that even a highly profitable business can fail because it runs out of cash. But, how are cash & profit related and how can they be such different things? Profit does not equal cash… Let’s look at the numbers. There are only two places that any transaction…

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Why cash isn’t the same as profit and “Cash is king”

We all know that even a highly profitable business can fail because it runs out of cash. But, how are cash & profit related and how can they be such different things? Profit does not equal cash… Let’s look at the numbers. There are only two places that any transaction…

Read more >