Cash flow and profit are two different financial parameters, both of which are important for running a successful business.
Cash flow is how much money is going into and out of your business at a given time: the payments you are receiving and the payments you are making. Cash flow impacts how much money you actually have available at any given time.
Profit is how much financial gain your company is making on its products or services. If you are bringing in more money than it costs to run your business, you are making a profit.
Cash flow and profit are both important measures of success for a business and can affect how stable your company is. They also intersect with other important corporate issues, especially when your company grows rapidly.
If you need any help, please feel free to contact us and let experts help to keep your business healthy.
Visit our website: https://wiseadvice.co.nz/
Call us at 64 9 639 1004 / 0800 30 40 40
Email: info@wiseadvice.co.nz
Profit is how much financial gain your company is making on its products or services. If you are bringing in more money than it costs to run your business, you are making a profit.2
Cash flow and profit are both important measures of success for a business and can affect how stable your company is.3 They also intersect with other important corporate issues, especially when your company grows rapidly.
If you want to learn more about communicating with your customers, please feel free to contact us and let experts help to keep your business healthy.
Visit our website: https://wiseadvice.co.nz
Call us at 64 9 639 1004 / 0800 30 40 40
Email: info@wiseadvice.co.nz