Intro: Cash Flow Cycle Explained | 1. Onboarding | 2. Invoicing | 3. Vendors | 4. Metrics | 5. Accounts Receivable Problems
Today we’re going to go over the cash flow cycle. Every entrepreneur must understand this because it answers the key question: where is all my money? You can look at your P&L and you can see huge profits at the bottom of the sheet, you’re running a great business, you’re making lots of money, but it’s not all in the bank, is it? It’s not all in your pocket, you’re not taking it all home to the family. Continue reading