When Your Profit Isn't In Your Bank Account

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Have you ever looked at your Profit & Loss and seen a Profit, yet when you look at your bank account the profit isn't there? What the heck is happening? How can this be? Let's discuss what might be happening.

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👉 DISCLAIMER: I am not an attorney, CPA, insurance agent or financial advisor. My videos/podcast are for entertainment & educational purposes only and should not be construed as tax, legal, insurance or financial advice. Please seek out a qualified CPA, attorney, or specialist as needed. I’m sharing my experiences with my businesses and those I have worked for and/or helped coach.
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WHO IS THIS FOR: small business owners who serve their local community & those looking to increase profits, boost sales, improve processes and develop stronger teams. Entrepreneurs who want to make more money & know their business numbers better!

#KnowYourBusinessNumbers #SmallBusinessOwner #tipsforsmallbusinessowners
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Where is the First Place You Look When Your Bank Account isn't Matching Your Profits? - Tammy

BadassBusinessOwners
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Hello,
How do you calculate your lost on a p&l statement if you provide a service mainly labor hours? When a client cancels a scheduling is that consider a loss? Were would lost go on the p&l?

#newsubbie❤

rae