Latest / Profit Isn’t an Accident | Contractor Profitability, Cash Flow Management, Job Costing , Business Growth, Small Business Finance
057. Where Did All the Cash Go?
You had a profitable month. Sales were strong. Jobs got done. So why does your bank account still feel empty? In this episode of Profit Isn’t an Accident, Shannon breaks down one of the biggest misconceptions in business: profit is not cash. You’ll learn where your money may actually be going, including:
Slow accounts receivable
Paying for jobs before customers pay you
Debt payments
Owner draws and distributions
Taxes
Equipment and asset purchases
Rapid growth that requires more working capital
Shannon also explains the five numbers every business owner should be watching and why a simple…
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