Month: April 2024
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Working Capital 201: Profit vs. Cash Flow Drivers
Ever feel like your business is profitable, but you’re still struggling to pay bills and cover day-to-day expenses? Today we’ll build on the Working Capital 101 concepts we covered last week and drill deeper into the differences between profit and cash flow. Remember: Profit does not equal cash flow Here’s a basic formula/visual walking from revenue down to profit…
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Working Capital 101: The Small Business Owner’s Guide
You’re probably sick of hearing about working capital. Every business has working capital and next to cash, working capital is the lifeblood of every business. (If you think you don’t have working capital in your business, please send me a note, I want to hear about it!). First, what is working capital? Here’s a Net Working Capital…