UNDERSTANDING CASH FLOW AND HOW CASH FLOW DIFFERS FROM NET PROFIT
We have all heard the saying "CASH IS KING." The old-time phrase is extremely relevant if you run a small business.
Without sufficient cash flow, a business will most likely fail even if the business has consistent positive monthly net profits.
This class will demonstrate the difference between cash flow and net profit. The class will also provide you with a simple tool that will help you understand and visualize how profit and cash flow work side by side.
Intended Audience: Students, Small Businesses, Independent Contractors, Freelancers