Why Do Profitable Service Businesses Still Struggle With Cash Flow?
Many businesses look healthy on paper but still feel tight on cash.
Have you ever experienced a month that was profitable, but cash flow was still a challenge?
Forum Discussion
Maybe because they aren't profitable haha Just getting sales doesn't mean anything. Are your guys chewing up the budget? Do you have a budget? What's your plan for finance this year? This stuff is often forgotten. I had a year I sold $700k and didn't make anything at the end of the year. That was a tough pill to swallow but I took ownership of it and stopped putting up overhead items that didn't serve me. Plug your P&L in chat gpt and ask it questions. If you don't know what to ask, ask it what to ask.