Profit and #cashflow are both important elements of a healthy, growing business, but they are not the same thing. Check out what @QuickBooks has to say about the differences between #cashflow and #profit.
The Critical Difference Between Profit and Cash...
Profit and cash flow are both important elements of a healthy, growing business, but they are not the same thing. As Accountiful founder told us, “The thing that sinks entrepreneurs again and again is conflating profit with cash flow. Just because a business is profitable doesn’t mean it’s got sufficient cash flow to sustain itself.” […] The post The Critical Difference Between Profit and Cash Flow appeared first on QuickBooks .accountantvip
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