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

from Cash Flow with Pam Prior · host Pam Prior

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.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.Send us Fan MailSupport the showStay up to date with all of our Cash Flow updates by joining my mailing list: https://go.pamprior.com/stayconnected✅ Subscribe to the Cashflow Podcast with Pam Prior:🎙️ Podcast Page📺 Youtube🎧 Spotify 🍎 Apple Podcast Learn more about Pam at: https://www.PamPrior.comWant a Free Business Blueprint Call with Pam? Click Here: https://pamprior.me/business-blueprint-call✨Follow Pam:FacebookTwitterInstagramTikTokProduced by Francis Plata & Forward Press Media: www.forwardpressmedia.com

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This episode is 10 minutes long.

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This episode was published on November 21, 2023.

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