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PROFIT AND CASH FLOW DON'T NECESSARILY GO HAND IN HAND
There are business fundamentals that are common to each and every business - and at the heart of every situation is the importance of profitability and cash flow. It is vital to understand the difference between them and that profitability and good cash flow do not necessarily go together.
Profitable businesses can go out of business because of cash flow problems.
So what is profit and what is cash flow?
"Profit" is what's left o...
Approximate word count: 5179
Approximate pages: 20 (250 words per
double-spaced page) |
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