89 \\ The Fatal Flaw: Why Relying on Your Bank Balance Could Kill Your Business
SMALL BUSINESS FINANCE– Business Tax, Financial Basics, Money Mindset, Tax Deductions

89 \\ The Fatal Flaw: Why Relying on Your Bank Balance Could Kill Your Business

2024-03-21
In this eye-opening episode, we delve into a common mistake many small business owners make: relying solely on their bank account balance to gauge success. We uncover why this approach is flawed and how it could be hindering your business growth. From mismatched profit and loss statements to hidden expenses, we explore the discrepancies that often arise. But fear not! We introduce a game-changing solution: the cash flow statement. Discover how this often-overlooked financial tool can provide clarity, predict future needs, and steer your...
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