Profitable But Broke? Understanding the Cash Flow Trap
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Profitable But Broke? Understanding the Cash Flow Trap
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About this listen
Your profit and loss statement says you’re making money—but your bank account tells a different story. In this episode of The Accounting and Tax Helpdesk, CFO expert Hoss breaks down the disconnect between profitability and cash flow. He explains why you might be profitable on paper but still struggling to pay bills, covering issues like timing of receivables, overhead, reinvestment, and poor cash management.
If you’re a business owner in Calabasas, Los Angeles, or the Valley, this episode is a must-listen to help you get control of your money and finally feel the success your numbers say you have.
Alamir CPA & Associates Website: https://www.alamircpas.com
Contact us: Helpdesk@alamircpas.com
Visit us: 23801 Calabasas Road, Suite 2004
Calabasas, CA 91302
818-721-8078