Tag: profit
- Cash vs. Profit: Understanding the Key DifferencesHave you ever found yourself in a meeting with your accountant, celebrating a surge in profits, yet still wondering where your cash has disappeared and how you’ll meet payroll the next day? If you have, you’re not alone. The stark reality is that cash and profit are not one and the same. In this article,…
- Profit is not a dirty wordHistorically the word profit has sometimes been associated with greed, with a common observation being that if you focus on this (profit), you are just in it for the money. Ewen explains why this couldn’t be further from the truth, and explains exactly what profit means and how business owners should think about it in…
- Profit vs CashWondering why all of your profit is not in your bank account? Glenn explains the difference between profit and cash in this short video.
- The first cause of poor cashflow – your cash lockupThere’s a massive difference between profit and cashflow. Profit increases when you create an invoice for work you’ve done or goods you’ve sold; cash increases when you bank the money. Your lockup equals the cash that isn’t in your bank account because it’s either in work in progress (you’ve done the work but you haven’t…
- Cash Flow Meeting PromotionDo you want to improve your cash and profit in your business bank account? Find out how we can help you do just that!
- Profit CashflowIn this short video, Ewen explains the importance of understanding the cash cycle in your business.
- Profit vs cashDo you understand the difference between profit and cash? Are you improving your profits but not seeing an improvement in your bank balance? We can help you increase both your profit and your cash! There’s a massive difference between profit and cash. Let’s explore the differences to make a better plan to increase both. 1.…
- Profitability ImprovementEwen explains why we run a profitability improvement review for our clients to find the lost opportunities in profitability, in this short video.
- Profit ImprovementEwen takes you through the three parts to improve your profitability in this two minute video.
- Change Focus to ProfitabilityGiven the ongoing labour shortages happening all around the country, Ewen talks you through how you can make some in your business to focus on profitability over growth.
