You may be thinking, “I'm a business owner. I don't need to worry about How different is cash to profits? ” But it is important to understand the difference because they are not always interchangeable. Cash is what pays your bills, while profit is how much money you have leftover after paying those bills. If you want to grow your company or just stay afloat, understanding this distinction can help make sure you have enough of both on hand.
This podcast episode will show you what is the difference between cash and profits. Next time someone asks if your company has any money in the bank, you will be able to answer with more confidence.
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I hope you get some value from this podcast on How different is cash to profits? Above all, you are not on your own! Contact us to see how we can help? Our news section, FREE online calculators is there for you. Just click here now to get started!
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