A lot of small business owners run their company by checking one thing: the bank balance.
If there is cash in the account, things must be fine. If the balance feels tight, something must be wrong. That feels logical, but it is one of the biggest financial blind spots in business.
Here is why. Your…
You look at your bank account and see cash. Plenty of it. Then your CPA sends over financials and says the business showed a loss.
Or maybe the opposite happens. Your bank account feels tight, clients still have not paid, and yet you owe taxes on what looks like a strong year on paper.
That…