What is the difference between profit and cashflow? Profit is the surplus of income after all expenses have been deducted. Cashflow is the amount of available cash within a business at any point in time to meet everyday expenses as a result of the inflows and outflows of money. A question I am frequently asked … Continue Reading
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Cash flow
Cash flow management – how not to run out of liquidity
For any business of any size and at any stage of its development there is absolutely no doubt that effective and efficient cash flow management is fundamental to business success. However, despite its importance, some businesses still struggle to get the basics right. Research has shown that 49 percent of start-ups think that cash flow … Continue Reading
