By: Tiffany C. Wright on 11:00 AMDo you continually wonder what accountants and financial personnel mean when they say "cash flow"? Do you think that cash flow equals cash in the bank? Do you need a simple, straightforward explanation on why financial types (like me!) make such a big deal about having sufficient business cash flow? Do you not understand what are the crucial differences between operational cash flow and profit? For example, why your business could have highly positive operational cash flow yet be unprofitable and potentially continue like this for years (ala Amazon for many of its early years)? And why the reverse - having a highly profitable business but consistently negative operational cash flow - could cause your business to shut down in months or even weeks?
Watch this video to get the answers to all these questions.