Author name: Michael

As a small business owner, you’ve probably heard people talk about cash flow statements and cash books. Both deal with […]

One of the most common misconceptions I encounter when advising small business owners is the belief that profitability equals cash

Most small business owners I know have a love-hate relationship with financial statements. They’re essential tools for understanding your business,

Cash flow might be the most important number in your business that you’re not tracking closely enough. While profits get

There’s a saying in business that “cash is king.” As a small business owner, you’ve probably heard this more times

When I started my first real business years ago, I was obsessed with cash flow. Every dollar in and every

When I started my first business, I thought profit was everything. Show me black ink on the bottom line, and

One of the most counterintuitive things I’ve learned about running a business is that negative numbers aren’t always bad news.

Most small business owners have heard the old adage, “Cash is king.” It’s a simple truth that’s particularly relevant in

As a small business owner, you’ve probably had moments where despite healthy sales and what looks like decent profit on