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55. The Number 1 Metric You Should Be tracking (It's Not Profit)
For years, I've been tracking profit using something I call a Profit Protection Number (PPN). It's helped me stay grounded and protected. But there were still weeks when my PPN would drop to an uncomfortable level, and I couldn't figure out why. Then I learned about cash flow. You have a healthy profit margin. Revenue is up. So why does your bank account still feel tight sometimes? I recently started working with a fractional CFO, and what she taught me is game-changing. Spoiler: profit isn't the most important number to track. Cash flow is.
You'll learn:
Why profit alone doesn't tell the…
The skinny
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