S3E11: 3 Things to Do If Your Cash Flow Isn't Reflecting What Your Profit Is

Welcome to the Cash Flow podcast with your host, Pam Prior. In this insightful episode, we tackle a common entrepreneur's dilemma: why doesn't cash flow always mirror profit? I'll walk you through three essential steps to align your business's profit with its cash flow, in a way that's easy to understand, even if you're not a finance expert.

🔹 Step 1: Balance Sheet Basics - Learn the crucial aspects of your balance sheet and why regular reconciliation is key to reflecting your true profit.

🔹 Step 2: Expense Examination - Uncover hidden expenses that might be chipping away at your profits and learn how to optimize your financial health.

🔹 Step 3: Beyond Profit and Loss - Decode the intricacies of accrual basis bookkeeping and manage your cash movements effectively to match your reported profit.

Ready to transform your cash flow? Dive into this episode for actionable insights and practical tips. Don't forget to subscribe for more valuable business guidance!

📺 Youtube: https://www.youtube.com/playlist?list=PLjiJJbC3j75C5lKZGy9UDyNdt1jDuAWpb

🎧 Spotify: https://open.spotify.com/show/09NsW6UWMNGVVmZRta8zJ9?si=858e2793a79948f7

🍎 Apple Podcast: https://podcasts.apple.com/us/podcast/cash-flow-with-pam-prior/id1279958448

Disclaimer: The content in this podcast is for informational and educational purposes only and does not constitute financial advice. Please consult with a financial professional to determine what may be best for your individual needs.