Profit vs Cash Flow: What's the Difference?
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Profit vs Cash Flow: What's the Difference?
Profit and cash flow are not the same thing... Profit measures whether a business has earned more revenue than it has incurred in expenses. And cash flow measures how much cash actually moved in or out of the bank account A business might make a sale today and receive the cash later. Or use a service today and pay the bill next month. So the ...
3.3K views3 months ago
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paid partnership with @Xero #ad If you've been meaning to get your business finances in order, this is your sign. The trap of being good at a lot of things is you think you have to do all of them yourself. I ran my business finances by hand way longer than I should have. moving everything to xero means my bank feeds, invoicing, and cash flow run on their own, and my accountant gets clean books instead of a mess. Special Xero offer: Visit the link in my bio for a special offer. Terms & Conditions
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