Working Capital Cycle

Cash Flow is something everyone talks about, but few people really understand, especially when you get into the details of what drives cash flow. In this episode Mike and I are going to dig into the Working Capital Cycle, but first we wanted to mention some important resources. The SBDC – Small Business Development Center will help new businesses get …

Why Cash Flow is More Important Than Profit

I was recently asked, “Why the emphasis on cash flow?” I gave the example of real estate and how highly leveraged businesses can look profitable, but still go out of business. My friend pressed on saying that he gets it in that context, but in all business? The answer is yes. You can have poor profits, but if your cash …