Strategy Meets Finance

Profitable But No Cash? This Is Why | Ep 246

Steve Coughran Episode 246

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0:00 | 15:28

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Revenue is up. The team is celebrating. And the business owner is quietly pulling on the line of credit because cash is constantly tight.

In this episode Steve breaks down exactly why profitable businesses run out of cash, what is actually happening between the income statement and the bank account, and the three things you can measure to find where the money is getting trapped.

He also walks through a real landscape business he worked with and exactly what they fixed to turn it around.

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