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235. Cash Flow Part 3: Why Profit Doesn’t Always Equal Positive Cash Flow
Manage episode 451272938 series 3561585
Вміст надано Savvy Shopkeeper, LLC and Kathy Cruz. Весь вміст подкастів, включаючи епізоди, графіку та описи подкастів, завантажується та надається безпосередньо компанією Savvy Shopkeeper, LLC and Kathy Cruz або його партнером по платформі подкастів. Якщо ви вважаєте, що хтось використовує ваш захищений авторським правом твір без вашого дозволу, ви можете виконати процедуру, описану тут https://uk.player.fm/legal.
Understanding the financial health of your retail business extends beyond just recognizing your profit. In this insightful episode, we're diving into the complexities of retail business finances and learning why being profitable doesn't always mean having a positive cash flow.
We’re reviewing the three critical financial statements in an indie retail business: the profit and loss statement, balance sheet, and cash flow statement. We’ll discover how each statement plays a vital role in evaluating your business's financial status and understand how they interconnect.
Listen in to connect the dots between profitability, financial health, and effective cash management so you can make informed decisions and propel your retail business forward.
For show notes, including links to anything I mentioned in this episode, visit www.savvyshopkeeper.com/episode235.
Kathy Cruz is an Independent Retail Coach who helps store owners work smarter, profit more, and grow their brick and mortar businesses. Connect with Kathy and learn more here:
Website: Retail Business Coach For Brick & Mortar Store Owners • Savvy Shopkeeper Instagram: @savvyshopkeeper Mastermind Group: Master Shopkeepers
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