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Tag: profit

Home Tag: profit

A Trap That Causes Many Businesses To Go Broke, While They’re Making a Profit

May 4, 2014resonatebusiness, cash, cash flow, forecast, profit

There’s a saying in business, “You can go broke making a profit.” And another, “Cash is king. Profit is theory.” As you know only too well, you don’t pay rent, meet payroll or pay your bills with profit. You pay them with cash. A business can make a lot of sales, have a book full…

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