Profit vs. Positive Cash Flow
APRIL 15, 2019
They’re obsessively concerned that their sales growth will be too low to generate enough cash to pay the bills. However, if you truly understand accounting and the relationship between the cash flow statement versus the profit and loss statement, it is totally possible to go bankrupt by growing too fast. And it also means your understanding of finance is insufficient to be a CEO or General Manager of a company or division of a larger company.).