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Custom Manufacturing Industry podcast is an entrepreneurship and motivational podcast on all platforms, hosted by Aaron Clippinger. Being CEO of multiple companies including the signage industry and the software industry, Aaron has over 20 years of consulting and business management. His software has grown internationally and with over a billion dollars annually going through the software. Using his Accounting degree, Aaron will be talking about his organizational ways to get things done. Hi ...
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Profit and cash are not the same thing. Believe it or not, a company can be profitable and still go out of business. How? By running short on cash (also known as a cash crunch).
Since I want you to succeed, I’m going to explain the similarities and differences between P&Ls and cash flow projections as well as why they’re both important when it comes to the success of your business.
In this episode you will learn:
- Sometimes even hedge fund guys avoid the numbers.
- How P&L and cash flow projections are similar.
- How P&L and cash flow projections are different from each other.
- Which one is more important and why.
Resources:
- Financial vocabulary for people who hate numbers
- Financial projections explained (even if you're not a numbers person)
SPECIAL OFFER:
- Listeners can get 1 FREE hour of consulting by using the code “startup” or mentioning this offer when they book a call.
Connect:
32 episodes
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