Profit v Cashflow - what's the difference?
Both profit and cashflow are important for a healthy growing business but they are not the same thing. Just because a business is profitable it doesn't mean that there is sufficient cash in order to sustain itself. It is important to understand and monitor both in order to run a successful business. So what are the differences? Profit Generally speaking this is the difference between your sales and expenses. Not all expenses effect profit though, it is only those that are d