This is a question I encounter many times when reviewing the cash flow and profitability of a business with either the entrepreneur or person running the business. It is usually followed by a very frustrating conversation that involves going through accounting terminology and concepts that are foreign to the person I am speaking with. Once the frustration subsides there is usually some excitement about what can be done with this new found knowledge. While it can be difficult to follow the cash flow and profits of a business the work is worth the effort and can produce improvements in profitability and overall value.
Where is the cash going in your business...specifically? Listen now because you might be surprised by what you discover.
Watch this episode on YouTube: https://youtu.be/bBOtKrEIXDE
Facebook: http://bit.ly/2ntaWI7
LinkedIn: www.linkedin.com/in/gallagherdylan
How to buy a business - Part 1 of 3
Growing a business for the sake of growing a business
What is the difference between profit and revenue?
Building wealth as a small business owner
How money works for small business owners
How to unlock cash in your business by investing in yourself
What should business owners invest in?
Who is your perfect customer?
Entrepreneurs! Cash is NOT Profit
Coinbase, Netflix and the 80/20 rule for business owners
Why own a business
Creating value versus consuming value
Cash Flow Quadrant, multiple sources of revenue and burying your head in the sand
dylan’s updates May 17, 2022
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dylan’s updates April 26, 2022
dylan’s updates April 19, 2022
dylan’s updates April 12, 2022
dylan’s updates April 5, 2022
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