My Accounting Advantage

← My Accounting Advantage14 okt · 19 min

Every Dollar Needs A Job

Every Dollar Needs A Job14 okt19 min

Ask Mai & Send Feedback This episode explores one of the biggest frustrations for business owners: Why does my financial report show a profit, but there's no cash in the bank? Mai and Lee unpack the critical difference between profit and cash flow, explaining how accrual accounting can create a gap between what your reports show and the cash you actually have available. They share a practical framework for managing cash flow, building reserves, and making informed growth decisions without...