“But if that’s my profit, why is my bank account so empty?” This is a question I encounter on a regular basis when a business owner looks at their Income Statement – especially at tax time! Your Income Statement has a lovely healthy profit but your bank balance is moth-eaten and sad, how can both […]
This article was originally published in YourBiz magazine, you can find the original here. Cash is the lifeblood of your business – one cannot over emphasise the truth in these simple words. A good bookkeeper and accountant are essential for recording financial information and keeping you up to date with your financial situation, but the […]