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Profitable on Paper. Short on Cash. Why?

Profitable on Paper. Short on Cash. Why? A practical financial question every business owner should be able to answer. Imagine your accountant tells you that your business earned $150,000 in profit last year. That's good news. But when you look at your bank account, there's only $25,000 available. Where did the money go? This is one of the most important financial questions business owners need to understand: profit is not the same as cash flow. A business can report healthy profits and still