Cash Flow vs Profit:
Why Are They Different?
ABOUT THE SHOW
We are talking cash flow vs profit this week in episode 52
It’s common as a business owner to look at your profit and loss statement at the end of a period and wonder why the profit figure doesn’t equate to the money in your bank account.
Business owners are often scratching their head in disbelief wondering where the money is, given the profit being reported.
Both profit and cash flow are critical components to running a successful business. Profit is what generates cash flow and cash flow pays the bills and keeps your business running. But they are two very separate things.
In this episode, we have an in-depth look at the differences between profit and cash flow and discuss, that despite being very dependent on each other, they are in fact very, very different in they way they operate in your business.
SOMETHING TO TWEET ABOUT
Profit in business is what generates cash flow, cash flow is what pays the bills. It’s possible to have profit without cash flow and this can sink a business. - Jason Skinner
WHAT YOU'LL LEARN
RESOURCES MENTIONED IN THE SHOW
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Jason: You're on episode fifty-two of the Business Made Easy podcast.Let's do this, Mia
Mia: You're on the Business Made Easy podcast where we make business easy. Here's your host, Jason Skinner.
Jason: Good day. Good day and welcome to the Business Made Easy podcast where we make business easy. Jason Skinner, your host here for another week of the podcast which is all about growing your business bottom line and giving you a better life as a result.
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