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Unfortunately, this happens more often than you might think. Business owners and managers enjoy watching revenue soar but shift the focus to generating new sales instead of making sure all of the cash generated by the business is used wisely and collected on time.
First, it’s important to understan...
Revenue, profit and cash are all needed to operate a healthy business. But they are very different numbers and tell different stories about your operations.
In the perfect world, your Revenue, Profit and Cash balance will grow at the same rate. Unfortunately, it’s common for businesses to generate ...