Cash flow or profit?

Ever wondered why being profitable doesn't guarantee financial stability? In this episode, Fiona talks about the crucial distinction between cash flow and profit, highlighting the need for small business owners to actively track their finances. Tune in!You'll Learn How To:Tracking cash flow and profitSetting up a system for monitoring cash flowCreating a cash flow forecastUnderstanding the impact of cash flow on day-to-day operationsIntroducing the Profit First ModelManaging expenses based on profit allocationBalancing cash flow and profit to alleviate financial stressSeeking professional guidance from accountants or financial plannersGet started on a more successful and sustainable small business with our range of free tools at mydailybusiness.com/freestuffConnect and get in touch with My Daily BusinessMy Daily Business ShopMy Daily Business Free Weekly PlannerMy Daily Business Waitlist A huge thanks to our sponsor #gifted a platform that helps businesses connect with real people creating real content, at a fraction of the time and cost of a traditional campaign. My Daily Business listeners can use code MDB50 at checkout for 50% off their first month, on either monthly plan. Check out #gifted.  Want to get your #smallbusiness sorted in 2026/ 27? Check out our 1:1 business coaching packages from a one-off session to 6-months of coaching.  Want to know more about AI and how to harness it for your small businesS? Join our new monthly AI chat for small business owners. You can join anytime at www.mydailybusiness.com/AIchat Try out my fave AI tool, Poppy AI here and use discount code FIONA.  We also love Descript.  Connect and get in touch with My Daily Business via our shop, freebies, award-winning books, Instagram and Tik Tok.